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{
    "id": 466983,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/466983/?format=api",
    "text_counter": 173,
    "type": "speech",
    "speaker_name": "Hon. Angwenyi",
    "speaker_title": "",
    "speaker": {
        "id": 326,
        "legal_name": "Jimmy Nuru Ondieki Angwenyi",
        "slug": "jimmy-angwenyi"
    },
    "content": "Let us remember that before Equity Bank came into play, most of the large banks in the country had closed down their branches outside Nairobi. For example, in Kisii where I come from, Standard Chartered Bank, National Bank of Kenya and Barclays Bank had closed down their branches. However, as soon as Equity Bank came into play, those banks re-opened their branches and are now serving my people in Kisii. What this Bill intends to do is strengthening the micro financing sub-sector, so that they can serve our people and the economy better, so that Nairobi can become a financial services hub in this part of the world. That is the way we should direct our economy. That is the way this House should support the economy and support Nairobi as a city to become the headquarters of financial services in Africa and take that position from South Africa. It is too far down South. We are in the middle of the continent. It is easier for one to travel to Nairobi from West Africa, North Africa and South Africa."
}