FSD Kenya quarterly newsletter - News about our work and other developments in Kenya's financial sector.
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Quarterly Newsletter
News, views, and developments in Kenya's financial sector.

March 2016 - Issue no. 35
News & Events
Kenya witnesses a 50% increase in financial inclusion in last decade

Findings of the 2016 FinAccess household survey were presented on 18th February 2016 at an event in Nairobi graced by Sheila M'Mbijjiwe, Deputy Governor of the CBK, Lisa Phillips, Head of DFID Kenya and Zachary Mwangi, Director General of KNBS. The 2016 survey revealed that over three-quarters (75.3%) of Kenyans are now formally included, a 50% increase in the last decade. Financial exclusion, which is now down to 17.4%, has more than halved since 2006.

Highlights of the 2016 FinAccess report
Mr. Daniel Tallam, Assistant Director of the Financial Stability and Access Division at the Central Bank of Kenya (CBK) and Dr. Amrik Heyer, Head of Research at FSD Kenya, presented the headline findings of the 2016 FinAccess household survey at a launch attended by over 230 policymakers, industry players, academics and development partners. The 2016 survey provides the first ten-year perspective on financial inclusion in Kenya.
The future of Kenya's market development and its implications for poverty and growth

FSD Kenya commissioned this book as an invitation to scholars to dig more deeply into the data that have been collected over the past ten years by FSD and its partners. While a wealth of data exists on Kenya’s financial markets, our understanding of market drivers and their development impacts is still limited. This book takes a more critical look at the financial landscape, highlighting constraints to infrastructural expansion, effects of market structure, demand-side drivers of uptake and usage, as well as the implications of financial sector development for poverty and growth.

Latest publications


From our network

FinScope 2016 report
By AFR Rwanda

Barclays withdrawal from Africa - Why Africa needs to focus on local investors
By Mark Napier | FSD Africa

Financial inclusion insights: Mobile money momentum in four African countries
About FSD Kenya
We support the development of financial inclusion in Kenya. Our work ranges from direct investment in market innovations to research and policy analysis. Everything we do seeks to harness financial solutions to meet the needs of lower income households and smaller scale businesses - to help them manage scarce resources and invest in the future. In short, our aim is to make financial markets work better for the poor.
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Upcoming events

April 7th - Nairobi
CGAP Worshop: Digital Finance and Education

May 5th - London
Africa Financial Services Investment Conference
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FSD Kenya is an independent trust established to support the development of inclusive financial markets in Kenya.

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P.O. Box 11353, 00100 Nairobi, Kenya
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