Unaitas Sacco says it will apply for a commercial bank licence once the Central Bank of Kenya (CBK) lifts the moratorium it imposed on licensing of new banks. The financial services firm Thursday said it is ramping up its capacity as it plans to seek the regulator’s nod.
“We will apply for a banking licence once the moratorium is lifted,” Unaitas general manager in charge of operations Nyaga Thagichu told the Business Daily.