Njuguna Ndung’u: Strategies to increase the popularity of microcredits Introductory remarks by Prof Njuguna Ndung’u, Governor of the Central Bank of Kenya, during the official opening of the Africa-Middle East Microcredit Summit, Nairobi, 7 April 2010. *  *  *  Your Excellency Hon.
Both a genuine CMU and a true Banking Union not just support a homogenous and smooth transmission of the ECB’s monetary policy measures, but they ensure that savings are allocated in the most efficient way to productive use in the form of investment across the area, regardless of their national location.