  Lowering the cost of doing business: Several modalities including establishment of three currency centers in towns outside the key Kenyan cities to lower cash in transit costs for banks. CBK is also actively pursuing modalities of reducing the cost of establishing branch networks for Deposit Taking Microfinance Institutions, in addition to agency mechanism.
Ladies and Gentlemen: As a result of CBK’s adoption of a new approach to regulating the financial sector through dialogue with the players and acting as a development agent, the Kenyan financial sector has experienced a structural transformation. This transformation is evidenced by the following achievements:   Exponential growth of bank branches from 740 in 2007 to 1,063 as at end of 2010.