•  Kenyans are increasingly using a combinations of a variety of financial services providers and new innovations reflecting the importance of a diversified financial system with 59.7% of the adult population using two or more types of financial services providers compared with 18.8% in 2006. BIS central bankers’ speeches  1  5.
There is need to foster appropriate and proportional regulation and supervision of the different financial services providers to enhance access to a broader mix of providers and products that meet the needs of different consumers.