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S. Ondiwa

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Open access Sep 2026

Does Market Power Influence Financial Stability? Panel Evidence from Kenyan Listed Commercial Banks

Kenya’s banking sector has become increasingly concentrated through mergers, acquisitions, restructuring and technology-led scale expansion, with a small group of listed institutions controlling more than three-quarters of sector assets. Whether the resulting market power protects franchise value and promotes prudent b...

Godfrey Omondi Odundo, P. Ndichu, S. Ondiwa · 0 citations
Open access Aug 2026

RISK-BASED CAPITAL AND FINANCIAL STABILITY: EMPIRICAL EVIDENCE FROM KENYAN LISTED BANKS

Since the Global Financial Crisis, the stability of commercial banks has remained a central policy concern, intensifying in Kenya where mergers, acquisitions and restructuring have concentrated more than 75% of banking-sector market share among nine listed banks. The Central Bank of Kenya has simultaneously tightened B...

Omondi Godfrey Odundo, P. Ndichu, S. Ondiwa · 0 citations

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