What opportunities does the ongoing regional economic integration present for well established Kenyan investment banks?
The ongoing regional integration is a very positive development for the investment banking industry. An integrated regional economic block offers tremendous investment banking opportunities. A good number of Kenyan companies are exploring expansion into the region and would be looking to get the advice of an investment bank on how to best navigate the process. Also, a well integrated economic bloc becomes very attractive to larger corporations and institutions that are interested in getting an exposure of sub-Sahara Africa. These corporations and institutions will also need the services of an investment bank in evaluating the entry options into the region. What would management of local investment banks need to do to win themselves more deals, some of which they are losing to financial consulting and audit firms? To thrive in the local investment banking industry, firms need to differentiate themselves in terms of service offerings and the value-addition that they bring to the table. C
