3)  Introduction of Agent Banking mechanism: This is the “banking beyond branches’’ model where commercial banks are allowed to engage third parties to provide certain banking services to increase outreach of the banks to the vast under-banked and unbanked Kenyan populace. In a nutshell, Agency Banking enables banks to leverage on additional cost effective distribution channels to offer financial services.
So far 5552 Agents have been approved and are providing financial services. 4)  Credit Reference Bureaus (CRBs): Through licensing of Credit Reference Bureaus, the CBK has enabled credit providers to collect, collate, analyse and disseminate credit information.