One bank is yet to meet the minimum core capital requirement of Sh1 billion as set out by the Central Bank of Kenya. According to CBK, as per the 2012 audited financial statements, two banks had not met the minimum core capital levels of Sh1 billion but one of them complied in February through a shareholders injection. A summary of the 2012 financial results show the banks that were under Sh1 billion core capital mark were Equatorial Commercial Bank and Dubai Bank. Equatorial Commercial had Sh547.7 million core capital while Dubai had Sh893.3 million by the close of the year...
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