Parliament clips Central Bank of Kenya powers over State mortgage financier
Central Bank of Kenya Governor Patrick Njoroge Parliament has stripped the Central Bank of Kenya (CBK) of powers to approve the opening, relocation and closure of any branch of a mortgage refinance company. The National Assembly annulled sections 26(2) and 42 of the Central Bank of Kenya (Mortgage Refinance Companies) Regulations, 2019. The regulations, Central
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