Existing financial sector regulatory framework in Kenya

Existing financial sector regulatory framework in Kenya Existing financial sector regulatory framework in Kenya The existing regulatory framework for the financial sector in Kenya consists of a number of independent regulators each charged with the supervision of their particular sub sectors. The creation of the Insurance Regulatory Authority completed the shift from having departments under…

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FINANCIAL INSTITUTIONS AND CAPITAL MARTKETS-Pensions Sub sector

FINANCIAL INSTITUTIONS AND CAPITAL MARTKETS Pensions Sub sector a) Pension: Money paid regularly to retired employees or their survivors by private businesses, federal state and local governments. They are paid inform of a guaranteed annuity to a retired or disabled employee. b) Pension schemes These are funds set up by co-operations e.g.(NSSF), labour unions, Government…

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FINANCIAL INSTITUTIONS AND CAPITAL MARTKETS-Microfinance sub-sector

FINANCIAL INSTITUTIONS AND CAPITAL MARTKETS Microfinance sub-sector Microfinance entails the provision of financial services to low income people and enterprises. This underscores the crucial role of microfinance in empowering the Underprivileged social constituencies, and particularly women, to contribute more effectively to economic development and poverty reduction in Kenya. The Microfinance industry in Kenya has experienced…

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FINANCIAL INSTITUTIONS AND CAPITAL MARTKETS-Banking Services through Subsidiaries

FINANCIAL INSTITUTIONS AND CAPITAL MARTKETS Banking Services through Subsidiaries a) Investment Management Services For many commercial banks, investment management is a major revenue producer. Although they are prohibited from making certain investments in corporate securities for their own accounts, banks manage billions worth of securities for wealthy individuals, corporate clients, and various kinds of retirement…

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FINANCIAL INSTITUTIONS AND CAPITAL MARKETS-Investment banking

 FINANCIAL INSTITUTIONS AND CAPITAL MARKETS Investment banking Investment bank is a banking institution that performs various functions not limited to the following: advising, administration, underwriting, and distribution. These services are performed as part of the basic investment banking business and are central to any firm. A detailed description of these functions is clearly outlined below.…

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INTRODUCTION TO FINANCIAL INSTITUTIONS AND CAPITAL MARKETS-The Five Parts of the Financial System

INTRODUCTION TO FINANCIAL INSTITUTIONS AND CAPITAL MARKETS The Five Parts of the Financial System 1. Money: Anything generally accepted as a means of payment or medium of exchange. It’s useful because you can exchange goods or services with it, either now or later (non-perishable, store of wealth. Contrast with, say, fish). 2. Financial Instruments: A…

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