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{
    "id": 235270,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/235270/?format=api",
    "text_counter": 413,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": " Mr. Temporary Deputy Chairman, Sir, we are not regulating a Kenyan opening a bank anywhere. Right now, for a bank to open a branch anywhere in Kenya it requires the authority of the Minister. However, the term \"branch\" has not been defined to cover branches outside Kenya. Now, we are defining the term \"branch\" to mean a branch anywhere in or outside Kenya of a bank that is operating in Kenya. It is not about a Kenyan opening a bank anywhere in the world. That is not what we are looking for. It is about a Kenyan bank opening a branch, whether in or outside Kenya."
}