Equity Bank chief executive James Mwangi:"Uncalled for financial sector regulations are likely to be counterproductive in the long run if rushed legislative decisions are undertaken.
You cannot, as a country,legislate on matters of the economy using one event as it happened in 2011 with the currency and lending rates.
The best regulation is done by the market itself using demand and supply forces.
So far, our political leaders are exercising maturity and responsibility. This gives us the necessary confidence to continue serving Kenyans in our social-economic transformation mission.
I am convinced that 2012 will also be a good year for theg eneral finance sector.
This is due to economic recovery measures undertaken late last year.
Both the macro and the micro economic indicators are set for better days ahead.
For a start, all indicators, including the inflation rate, are clear that interest rates are likely to come down within the first half of the year..."
GOD BLESS YOUR LIFE