Kenya Financial Sector Stability Report 2010

This issue of Financial Stability Report 2010 (FSR, 2010) was prepared jointly by the five financial system regulators: Capital Markets Authority (CMA), Central Bank of Kenya (CBK); Insurance Regulatory Authority (IRA), Retirement Benefits Authority (RBA), and Sacco Societies Regulatory Authority (SASRA), in collaboration with the Ministry of Finance and the Ministry of Co-operative Development and Marketing. This report highlights major risks and vulnerabilities the economy faced; and outlines policy actions taken to mitigate those risks and vulnerabilities by the regulators, government and other domestic and international agencies. Besides sensitizing the public on the need to maintain financial stability, the Report offers a platform for informed public discussion on all aspects of the financial sector development.