MistaT-nice summary. But for UK/US banks not Kenyans banks which I don't really think apply such loan criteria such LTV apart from Stanchart.
Kenyan banks is just more by way of job losses I believe.


Corrector-i left em address but still waiting for document.


www.mjengakenya.blogspot.com

It is hoped that given the level of deposits held by the identified borderline banks at 13 per cent of total industry customer deposits,the Central Bank of Kenya being the primary regulator of the banking sector will step in and carry out its own independent stress tests to identify the vulnerability of such institutions to changes in the market conditions.

The central bank should require the institutions which fail such stress tests to raise additional capital to avert any failures which may have a major adverse impact on an already weakening economy. It is time that the CBK becomes proactive in the use of early warning signs and act to ensure that all the banks have adequate capital buffer especially given the current global financial market conditions and the likelihood that the quality of assets may continue to deteriorate as projected by the IMF report.

The CBK should also speed up the implementation of the Basel II capital framework or come up with a short-term mechanism to ensure that the capital position of the banks is reflective of all risks not captured by the old capital adequacy frameworks.The specific risk which should be considered in additional to credit risk should include; operational risk,credit concentration risk,strategic risk and market risk.


Creating a culture of risk awareness

mmh,mmmmmh,mmmmh.

Don't miss the pleasures of the Journey,The destination might not be that Interesting.

CFC is on the list for sure going by this article.
http://www.businessdaily.../-/55pq5r/-/index.html.

www.mjengakenya.blogspot.com

I think that Coop Bank's business model is sufficiently different to warrant a different set of considerations when evaluating its financial health. Being the banker of choice for Cooperatives,I have no do doubt that its shareholding risk is well spreadout. The success of its bond issue is a testament to how highly this bank is regarded by investors.