Concentration and diversification adjustments take into account Standard & Poor’s views of banks’ single-name, industry sector, geographic, and business line concentration or diversification. 10 See, for instance, Standard & Poor’s Banking Industry Country Risk Assessment, January 2017. 11 See ‘APRA reaffirms revised mortgage risk weight target’ (2016).
Basel II was ready for implementation among the Committee’s 13 member countries from the end of 2006. It is, however, widely acknowledged that Basel II will only be implemented in emerging economies such as Kenya at a later date as they put the requisite supervisory infrastructure in place. This position was indeed adopted by the Central Banks of Kenya, Uganda and Tanzania in 2005.