Equity's success on global state shows it's not doom and gloom for banks in Kenya

In the midst of the erosion of public trust in Kenya’s banking system following the collapse of Chase Bank, the Central Bank of Kenya (CBK) has joined the ranks of regulators that have had to step up to help banks cope with liquidity problems.

In Kenya’s case, however, the reason for the assistance, which the regulator has offered but is yet to be taken up by any bank, is a little different compared to examples like the subprime mortgage crisis banking emergency that coincided with the US recession of December 2007 – June 2009.