This paper investigates the effect of changing market structure and macroeconomic shocks on the borrowing and lending risk exposure of Kenyan commercial banks using a GMM estimation approach. Borrowing risk exposure was found not to be persistent. being mainly affected by the degree of concentration and external economic shocks. Interestingly. https://www.ngetikin.com/limited-value-Sapatilha-Infantil-Pampili-Bailarina-Laco-Duplo-Glitter-Prata-great-pick/