CBK gives Murang’a firm green light to offer banking services

CBK Governor Patrick Njoroge. FILE PHOTO | NMG

Murang’a construction-for-rental income firm Akuria Investments has received approval to launch a wholly-owned deposit-taking subsidiary, Muungano Micro-Finance Bank (MMFB).

In a special Kenya Gazette notice, Central Bank of Kenya (CBK) Governor Patrick Njoroge said Muungano is now be free to carry out banking business effective October 30.

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