Kenya's banking system has undergone significant changes in recent years as it has become an increasingly important player in the global economy. To understand the current state of the banking industry in Kenya, it is essential to analyze the external factors that have an impact on it. A PESTEL (political, economic, social, technological, environmental, and legal) analysis examines the external influences that can affect businesses operating in the banking sector in Kenya. Such an analysis can help financial institutions have a better understanding of their operating environment and make informed decisions when it comes to their operations and strategies. You can download this template from EdrawMax and customize it as required. EdrawMax has other similar templates that are 100 percent customizable.