An examination of the Kenyan regulatory framework in promoting too big to fail in relation to mergers in the banking sector
NGUGI, SAMUEL THEURI
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Kenya’s banking industry has witnessed a surge in mergers over the past decade as globalization continues to soar. The appetite for growth by financial institutions is expected to rise due to positive trade environment providing wider market access and potential revenue streams. In late 2020 and 2021 alone, the African Continental Free Trade Agreement was partly operationalized, Kenya signed a Kenya - UK Free Trade Agreement and is negotiating a trade agreement with the USA.