This can also include certain degree of credit allocation and interest rate directions. Hence, monetary transmission can get muted at the margin. 6  BIS Review 66/2007  The Government also fixes certain administered interest rates on a number of small saving schemes and on provident funds, along with providing certain tax incentives, in the absence of well developed social security systems.
  Banks contracting 8,809 agents by December 2010.   Mobile money transfers increased their total transactions to Kshs. 2.3 bn or USD 29 m per day. Well over 15 million Kenyans have subscribed to mobile money transfers since their roll out in 2007.