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{
    "id": 700927,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/700927/?format=api",
    "text_counter": 62,
    "type": "speech",
    "speaker_name": "Hon. Kubai Iringo",
    "speaker_title": "",
    "speaker": {
        "id": 1574,
        "legal_name": "Cyprian Kubai Iringo",
        "slug": "cyprian-kubai-iringo"
    },
    "content": "banks have been trying to dilly-dally on the issue of interest rates. However, the CBK should put its feet down so that, at the end of the day, the process of capping interest rates is undertaken. Finally, I would like to talk about liquidity ratios. The CBK should periodically assess all the banks. That is so that if there is any bank that experiences financial problems, it is then detected early enough. That way, it will be easy to bail out that bank and save it. That is because once a bank collapses, it collapses with all its members and customers. Many families and businesses suffer in the process of trying to revive the bank. I, therefore, second the Motion and confirm that the five Kenyans named in this Report merit to be appointed as Directors of the Central Bank of Kenya."
}