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{
    "id": 1077241,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1077241/?format=api",
    "text_counter": 101,
    "type": "speech",
    "speaker_name": "Amb. Ukur Yatani",
    "speaker_title": "The Cabinet Secretary, National Treasury and Planning",
    "speaker": null,
    "content": "and the Republic of Uganda. The continued regional expansion will leverage on the trade and investment opportunities under the Africa Continental Free Trade Area. In 2020, the Kenyan banking sector continued on its transformation journey that commenced five years ago, where the key pillar of the journey has been the strengthening of banks’ business models, governance frameworks, and entrenching customer centricity in their operations. Hon. Speaker, at the onset of the COVID-19 Pandemic in March 2020, the banking sector moved quickly to mitigate the impact of the Pandemic on staff, customers and the public, and instituted emergency measures to support business continuity, use of digital channels to mitigate COVID-19 infection risk, enhanced liquidity to businesses as well as facilitated compliance with health and safety protocols. As a result, banks continued to provide uninterrupted banking services to customers mainly through digital channels. Hon. Speaker, over the last one year, more than 54 per cent of the bank loans, equivalent to Ksh1.7 trillion"
}