Prof Kinandu Muragu - English
Prof Kinandu Muragu - English
Prof Kinandu Muragu - English
• Financial inclusion
Bank of Africa 1
Barclays Bank of Kenya 64
• Impact:
Commercial Bank of Africa 1
Chase 15
Consolidated 9
Co-operative 83
Eco Bank 12
Equity 22
Family 53
Gulf 10
Housing Finance 7
Imperial 7
KCB 157
KFWT 10
NBK 10
TOTAL 461
• Safe and Efficient
– Amended CBK Act
– National Payments System Bill
– Agent Banking
– Proceeds of Crime and Anti-Money Laundering Act
• Impact: Financial Inclusion!
Source: Central Bank of Kenya 2012
Volume of mobile money transactions increasing steadily