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Kenya is ready for Agent Banking
 
 

Remarks by Central Bank of Kenya Governor Prof Njuguna Ndung’u at a workshop on Agent Banking on January 14.

Allow me at the outset to thank you for accepting our invitation to attend this workshop. It is indeed important that this morning we are addressing the issue of Agent Banking, a concept we are keen to see take root innovatively in Kenya. The Central Bank has convened this workshop for three critical objectives:

-   The first objective is to demystify this new banking model and show how it works;
-   Secondly, to showcase how it has worked successfully in other countries as a platform for financial reach, inclusion and financial deepening;
-    Finally, to build consensus amongst market players on how Agent Banking can work in Kenya supported by regulatory framework.

As you ar

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