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{
"id": 389548,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/389548/?format=api",
"text_counter": 221,
"type": "speech",
"speaker_name": "Hon. Kasuti",
"speaker_title": "",
"speaker": {
"id": 1884,
"legal_name": "Suleiman Murunga Kasuti",
"slug": "suleiman-murunga-kasuti"
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"content": "savings. But now, with the introduction of the protection fund at the Central Bank, Kenyans had the confidence in banks and they went back in savings with the banks. With the amendment on the Bill on deposit insurance, it is going to strengthen the confidence in Kenyans who did not have confidence in insurance companies. As such, they will start doing meaningful business with the insurance companies which has been lacking. Indeed, with the amendment and introduction of the deposit protection, people are now going to save. The country will be able to raise the required funds for investments instead of getting it from elsewhere. As such, I would like to support the Bill which has come in at the right time in this country. Therefore, with those remarks, I would like to support the amendment on the Bill."
}