This book investigates the impact of commercial banks in Kenya right through from their origins, to their role during the colonial period, the process of adaptation following independence, and up to their responses to new challenges and economic policies in the twenty-first century. The British colonisation of East Africa required the development of diverse political, social and economic institutions to advance and exercise control over the territories and their populations. Multinational commercial banks were among the first institutions, with the National Bank of India, Standard Bank of South Africa and Barclays Bank DCO all setting up business in Kenya, whilst continuing to maintain close relationships with the UK and other colonial actors. This book assesses the impact of commercial banks during the last years of colonial domination and the tools they used to adapt in the first decades of independence. The book concludes by considering how the colonial banking system has influenced the development of modern financial institutions in Kenya in the twenty-first century. This book argues that commercial banks are fundamental to understanding African colonies, and the foundations over which the financial system of contemporary Africa was constructed. It will be of interest to researchers of banking, economic history, the colonial period, and African studies.
Epub (Kobo), Epub (Adobe)
Publication Date: 05/08/2024
- ISBN:
- 9781040098943
- 9781040098943
- Category:
- Regional studies
- Format:
- Epub (Kobo), Epub (Adobe)
- Publication Date:
- 05-08-2024
- Language:
- English
- Publisher:
- Taylor & Francis
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You can find this item in:
Human geography
Politics & government
International business
Cultural studies
International trade
Banking
Economic history
Sociology
African history
National liberation & independence
Colonialism & imperialism
History of specific companies / corporate history
Regional geography
Political economy
Ethnic studies
Social & cultural anthropology
Development economics & emerging economies
Regional studies
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