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{
    "id": 3674,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/3674/?format=api",
    "text_counter": 519,
    "type": "speech",
    "speaker_name": "Mr. Njuguna",
    "speaker_title": "",
    "speaker": {
        "id": 20,
        "legal_name": "Peter Njuguna Gitau",
        "slug": "peter-gitau"
    },
    "content": "Therefore, this law will regulate and bring the adequate discipline in the sector. We cannot also forget the Rural-Urban Credit Bank and the Pioneer Building Society, which went under with a lot of resources from investors. With proper laws in place, the economy of this country is bound to expand. With the current investment climate and proper money management in the country, we have seen the banking industry expanding. Banks that were almost crumbling or going under like the National Bank of Kenya (NBK) and the Kenya Commercial Bank (KCB) have started to realise benefits now and also expand in the country and even in the neighbouring regions. We have seen KCB starting new branches in South Sudan and even in Uganda. This is very healthy for the economy of our country."
}