Activity reports

  • Activity Report BOA-Kenya 2013
    It is my pleasure to present the Annual Report and Statement of Audited Accounts as at 31st December
    2013 for BANK OF AFRICA – KENYA.
    Kenya marked 50 years of independence in 2013 and looking back at the many years, there is much
    to celebrate economically, socially, and institutionally. The Country has a strong track record
    of macroeconomic management with low inflation, low fiscal deficits, and sustainable debt levels.
    Economic growth has not been as high as in its peers, but Kenya’s market-oriented policies have paid
    dividends. Kenya’s private sector is more vibrant, its financial sector is now the third largest in terms
    of assets in Sub-Saharan Africa after Nigeria and South Africa. In addition, the new Constitution,
    passed in 2010, has created a strong foundation for better institutions, devolution and participatory
    governance.
    ...
    2013
  • Activity report BOA-KENYA 2012

    It is my pleasure to present the Annual Report and Statement of Audited Accounts as at 31st December 2012 for BANK OF AFRICA – KENYA (BOA-KENYA).
    During the year, economic activity was on a rebound after slowing down significantly in the last half of 2011 and into early 2012. Growth picked up on account of improved weather conditions and macroeconomic stability. New discoveries of oil and gas reserves have boosted investor confidence and further attracted foreign direct investments. This growth has also been driven by continued regional integration, trade diversification and increased foreign investment flows.

    ...
    2012
  • Activity report BOA-KENYA 2011

    It is my pleasure to present the Annual Report and Statement of Audited Accounts as at 31st December 2011 for BANK OF AFRICA – KENYA.

    Kenya’s economy is reported to have grown by 4.5 percent in 2011, less than the forecast mainly due to rising inflation caused by increasing fuel and food prices. This growth was grounded on strong performance across all the key sectors of the economy with agriculture recording marked improvement after two consecutive years of decline. The country also shook off the effects of the post-election violence with peace prevailing across the country. Considerable growth was also recorded in tourism, telecommunications, transport and construction sectors. It is also widely believed that the optimism and economic growth resilience was partly supported by the ongoing implementation of the new Constitution ahead of the 2012 elections.

    ...
    2011
  • Activity report BOA-KENYA 2010

    It is my pleasure to  present the Annual Report and Statement of Audited Accounts as at 31 st December 2010 for  BANK OF AFRICA — KENYA (BOA-KENYA).
    The Kenyan economy was projected to grow at 5.5 percent in 2010, representing optimism of
    the business community which has over the past few years grappled with the negative
    effects of the 2008 political crisis, severe drought and the  global economic downturn
    in 2009. This optimism and growth are expected to be  sustained in 2011.
     

    ...
    2010
  • Rapport d'activité BOA-KENYA 2009

    In 2009, Kenya had just begun to emerge from the difficulties of the post election violence
    that shocked the domestic economy in ways never seen before in its history. The effects
    of this distortion combined with the drought for most part of the year and across all
    provinces as well as the global financial crisis that manifested as global recession resulted
    in low domestic output’s growth. Food supply and electricity generation suffered gravely
    leading to severe shortages and the high cost of production.
     

    ...
    2009
  • Activity report BOA Kenya 2008
    2008
  • Rapport d'activité BOA-KENYA 2007
    2007
  • Rapport d'activité BOA-KENYA 2006
    2006
  • Rapport d'activité BOA-KENYA 2005
  • Rapport d'activité BOA-KENYA 2004
    2004