The future of an agricultural bank in Kenya
Abstract
This study set out to determine the factors necessary for the establishment of an Agricultural Bank in Kenya and to identify the challenges of operating an Agricultural Bank in Kenya.
A cross-sectional survey was conducted by means of a questionnaire and views of the Central Bank of Kenya, Commercial banks, Agricultural Finance Corporation and nine Agricultural Sector institutions were obtained as they were expected to determine the factors necessary for the establishment of an Agricultural Bank in Kenya as well as able to identify the challenges of operating on agricultural Bank in Kenya.
An overall analysis showed that the factors necessary for an establishment of an Agricultural Bank in Kenya exist. Equally, the analysis showed that challenges of operating an Agricultural Bank exist. Further, the factors necessary for the establishment of an Agricultural Bank also were identified as the need, the location, characteristics and the regulatory requirements. The challenges of operating an Agricultural Bank were also identified as the Government controls, risks and the likely poor performance.
Citation
Masters of Business Administration.Publisher
University of Nairobi, School of Business