 | This article relies largely or entirely on a single source. (December 2020) |
The agency banking model[1] is a function of certain commercial banks in Kenya. The activity is regulated by the Central Bank of Kenya, which allows banks to contract third-party retail networks as a Banking agent. Upon successful application, vetting, and approval,[citation needed] these agents are authorized to offer selected products and services on behalf of the bank.
- ^ "'The greed that sometimes drives capitalism must be tamed' – James Mwangi". theafricareport.com. 2020-10-29. Retrieved 2020-11-17.