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The Kenyan banking system : from colonial expansion to independence uncertainty 1950-1970

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Reyes, C. Velasco (2019) The Kenyan banking system : from colonial expansion to independence uncertainty 1950-1970. PhD thesis, University of Warwick.

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Official URL: http://webcat.warwick.ac.uk/record=b3475119~S15

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Abstract

This thesis is an historical analysis of the most import commercial banks in Kenya, the National Bank of India, the Standard Bank of South Africa and Barclays Bank Dominion Colonial and Overseas since post-war period up to the 1970 decade. The objective is to revaluate the important role of these multinational financial institution in the social political and economic life during the last decades of the Kenyan colonial period and the first years of independent life. The research sheds light on the adaptation process of the institutions during these convulsive years and explores the influence of the commercial banks in the construction of the financial system once Kenya achieved its independence.

The first chapter stablishes the time and geographical delimitation of the study as well as the theoretical framework for the analysis. The second chapter analyses the characteristics of the banks operating in Kenya. Their business strategy in the colony and their relations with the British and colonial authorities. The aim is to know the specific situation of each institution and so comprehend their behaviour and possibilities during the period of analysis. The third and fourth chapters examines the performance of the banks between the diverse independence processes along Africa at the end of the Second World War, the Mau Mau uprising in Kenya and the process of independence. These events altered the business and future performance of the banks in the colony, preparing the ground for the Africanisation process of the commercial bank. The particularities of this transformation are analysed in the fifth section of the thesis. The last section of the research studies the adaptation process of the commercial banks during the first years of Kenya independence, moment when the baking institutions had to negotiate with different government authorities, new development projects, a rising African economic elite and new financial institutions.

Item Type: Thesis (PhD)
Subjects: D History General and Old World > DT Africa
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Library of Congress Subject Headings (LCSH): Banks and banking -- Kenya -- 20th century, Kenya -- Economic aspects -- 20th century, Kenya -- Social conditions -- 20th century
Official Date: September 2019
Dates:
DateEvent
September 2019UNSPECIFIED
Institution: University of Warwick
Theses Department: Department of History
Thesis Type: PhD
Publication Status: Unpublished
Supervisor(s)/Advisor: Anderson, David ; Branch, Daniel
Sponsors: Consejo Nacional de Ciencia y Tecnología (Mexico) ; University of Warwick. Department of History ; Universidad Nacional Autónoma de México ; Mexico. Secretaría de Educación Pública ; Royal Historical Society (Great Britain) ; Economic History Society
Extent: vii, 277 leaves : illustrations, charts.
Language: eng

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