Research Article
The Assessment of Systemic Risk in the Kenyan Banking Sector
Table 2
Results of stress test in 2009; CDs number: number of contagious defaults; IC: interconnectedness: the total strength, namely, sum of in-strength and out-strength; TA: total assets; IA: interbank assets (loans and advances to banks). Total assets are measured at market value, whereas interbank assets are measured at book value. We use the letters s1, s2, s3, s4, s5, s6, s7, and s8 to stand for Barclays Bank, Coop, Diamond Trust, Equity Bank, HFCK, KCB, NBK, and NIC, respectively. The unit of currency is Shs.
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