Bankers' annual meeting set for Nairobi this week

Nairobi; Kenya: Players in the banking industry are set to converge in Nairobi for a major conference to address key issues affecting stakeholders in the sector.

The Kenya Bankers Association (KBA) 3rd Annual Banking Research Conference will be held on September 25 and 26 under the theme “Putting Banking at the Centre of the Economy’s Sustainable Growth”.

The two-day conference will bring together stakeholders from the banking and financial services sector, academia, policy formulation organs as well as representatives of the public and private sector.

KBA Chief Executive Officer Habil Olaka noted that the annual research conference has quickly become a key calendar event in the local banking industry and was increasingly attracting the attention and participation of more researchers.

“The discussions that arose from last year’s conference continue to lay a solid foundation for the advancement of the banking industry and we can only expect better as this conference continues to gain traction,” noted Mr Olaka.

The conference will be officially opened by Central Bank Governor Prof Njuguna Ndung’u. KBA Chairman Joshua Oigara is also expected to attend, in addition to representatives from KBA’s 45 member banks and other invited stakeholders, including policy makers from the private and public sector. According to conference convener Jared Osoro, the banking industry is seeking to play an increasingly bigger role towards the realisation of economic growth.

The banking industry has over the past decade registered impressive progress with regard to innovation – especially on the back of information and communication technology.This has been buttressed by the industry remaining adequately capitalised and stable.