Munir Sheikh Ahmed

CEO's Profile

Theme | Drivers of the real economy
Topic | Real Estate & Construction
MONTH | February 2015

Discussion Focus Area

  • Domestic and regional real estate and construction trends
  • The role of financial sector players (banks, capital markets, private equity) in promoting investment and development in Kenya’s real estate and construction sector
  • Policy, regulatory and legal bottlenecks, and supply and demand constraints affecting growth

Overview

In 2013, approximately 16 percent of commercial bank credit was directed to the real estate, building and construction sectors. After trade and lending to private households, during the same period the sector was the third highest in terms of bank lending activity.