Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1511841,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1511841/?format=api",
    "text_counter": 212,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": null,
    "content": "Mortgage Finance Companies (Kshs. Billion) December 31, 2024 1.0 December 31, 2026 5.0 December 31, 2028 10.0 The import of this amendment is to amend the core capital threshold required for banks and mortgage finance companies so that by 31st December 2024, all of them should be within the threshold of Ksh1 billion, which all are. Then, by 31st December 2026, they should have attained the core capital requirement of Ksh5 billion and Ksh10 billion by 31st December 2028. This is just amending what was there in the Bill. The Bill required the banks to attain the core capital of Ksh10 billion by 31st December 2027, which is in just three years. We are now extending that Ksh10 billion to four years, up from three years. The Bill had also required The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}