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and from the existing central bank branches. this move is also expected to support the provision of “ clean ” notes and coins to kenyans across the country. in conjunction with kba, cbk identified nyeri, meru and nakuru as the appropriate towns to pilot currency centres. the nyeri currency centre is already operational and progress towards establishing the nakuru currency centre are at advanced stages. we expect the nakuru currency centre to commence operations by end of july 2010. this centre will be housed by kcb. besides benefitting nakuru residents by getting clean notes and coins, it is expected that the costs saved by banks from the lower transportation costs will translate to better, cost effective and efficient services to the customers. i must emphasize that the centres are a joint partnership between the central bank and commercial banks via kba. the centres should therefore not be confused with the central bank ’ s operated branches. in the case of currency centers, commercial banks provide the physical infrastructure while cbk provides the necessary human and technical support necessary. in the long run, the cbk will leave currency distribution to be handled by commercial banks. finally, let me touch on three issues that featured in the budget and i think they are critical to our discussions today : the revamping of investment in infrastructure – complement private investment – public investment to reduce cost of doing business – residue binging constraints empowering the youth to secure a future sme support through a revolving fund operated by bank on a 1 to 5 basis : that is, at the minimum this revolving fund will operate on “ for each 1 shilling the government brings, banks will contribute 5 shillings ” ladies and gentlemen : as i wind down my remarks, i urge all businesses in nakuru to take advantage of the current trend of falling interest rates to fully exploit the potential of your businesses. the capacity of kenyan banks to extend credit to all types of businesses has been increased following the increase in the statutory minimum core capital from ksh. 250 million to ksh. 1 billion. the increase took effect from 1st january 2009 and will progressively be increased to ksh. 1 billion by 31st december 2012. the increase was informed by the increasing demand for funding from the banks beyond what they could accommodate based on their capital levels. i also take this opportunity to urge all of you to exercise your rights while engaging with the banks. you must demand to be charged a fair interest rate commensurate to your businesses risk profile investment proposals. this is the only way