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Kenya: Kenya Bankers Association CEO Opposes New Credit Professional Bill With Ksh 10M Penalty

Kenya: Kenya Bankers Association CEO Opposes New Credit Professional Bill With Ksh 10M Penalty

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-09-12 16:29:53

The Kenya Bankers Association (KBA) on Thursday opposed two bills that are currently before the National Assembly. the first seeks to regulate the employment and leadership of banking professionals within the country and the second bill seeks to regulate the banking sector.

The two bills, the Bankers Professionals Bill, 2024, and the Credit Professionals Bill, 2023, are also aimed at imposing regulation of the banking sector. If passed, the MPs noted that the bills will eliminate fraud and…

Read the full article on Kenyans.co.ke

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