PARADIGM SHIFT IN FINANCIAL SECTOR, IMPACT, EFFICIENCY AND COMPETITIVENESS IN KENYA.
INTRODUCTION: Recent dynamism in levels of competition and efficiency in the banking system can contribute to greater financial stability, product innovation, and access by households and firms to financial Services, which in turn can improve the prospects for economic growth in this respect, concerns are that state-dominated monopolistic, inefficient, and fragile banking systems in Kenya and many low-income countries, especially in sub-Saharan Africa majorly impact economic development. Pe...