November 2016

Measurement of bank profitability, risk and efficiency: The case of the Commercial Bank of Eritrea and Housing and Commerce Bank of Eritrea

This study aims at measuring the profitability, risk, and efficiency of the banking sector in Eritrea. In this study, performance is measured in terms of profits generated, risk, and efficiency. We have employed the major financial ratio analysis to evaluate the performance of the Commercial Bank of Eritrea and the Housing and Commerce Bank of Eritrea. The results obtained indicate that both banks generally are not...

Author(s): Fitsum Ghebregiorgis and Asmerom Atewebrhan

November 2016

The effect of foreign portfolio equity and exchange rate risk on stock returns of commercial banks in Kenya

Reversals of foreign portfolio equity due to a shift in investor risk appetite may have a drastic impact on the value of shares of commercial banks hence the effect on stock returns. Uncertainties in the flow of foreign portfolio investments (FPI) result in unpredictable behaviour of stock returns in Kenya’s economy and also at the firm level. The objective of this study was to find out the effect of foreign...

Author(s): Loice Koskei, Lawrence Kibet and Andrew Nyang’au

November 2016

A comparison of the effect of foreign portfolio equity on stock returns of listed banking and non- banking institutions in Kenya

Uncertainties in the flow of foreign portfolio investments (FPI) result in unpredictable behaviour of stock returns in Kenya’s economy and also at the firm level. The net effect of this is the possibility of financial loss suffered by the banking and non-banking institutions. The objective of the study was to compare the effects of foreign portfolio equity on stock returns of listed banking and non- banking...

Author(s): Loice Koskei, Lawrence Kibet and Andrew Nyang’au