In Kenya, the bank has grown from the one branch established in Mombasa in 1953, to the current four branches country wide. With regard to its Kenya operations, I note that as at July 2010, the bank had an impressive asset portfolio of Ksh.17 billion and customer deposits of Ksh.14 billion, supported by a capital base of Ksh.2.4 billion.
Nor is the persistent spell of very low interest rates helping to remedy the German banking sector’s weak profitability – quite the contrary, in fact. Particularly for credit institutions with a heavily interest-driven business model, the ongoing low-interest-rate environment could pose  2  BIS central bankers’ speeches  a serious threat in the medium to long term.