Stage II (Year 2004-2009) -  Harmonisation and co-ordination of macroeconomic and monetary policies. -  Harmonisation of Concepts and Methodologies including statistical frameworks. -  Gradual liberalization of the capital account. -  Gradual interconnection of payments and clearing system. -  Fostering the development of Banking and Financial Systems, including promotion of African banking networks.
Currently, KIB has 40 banks out of 42 banks as corporate members. I have also been informed that KIB has approximately 7,000 individual members, with 2,300 actively pursuing courses leading to professional examinations.