logo
ADVERTISEMENT

Dormant bank accounts hits 15-year high on financial strain

Even so, total deposits increased by 12.2 per cent to Sh4.6 trillion

image
by The Star

News30 May 2022 - 14:39
ADVERTISEMENT
The Central Bank of Kenya along Haile Selassie Avenue./FAITH MUTEGI

Close to three million dormant bank accounts were closed in Kenya last year, illustrating the extent of financial turmoil faced by businesses and individuals. 

This is premium content

Subscribe to Continue Reading

Subscription

Help us continue bringing you unbiased news, in-depth investigations, and diverse perspectives. Your subscription keeps our mission alive and empowers us to provide high-quality, trustworthy journalism. Join us today to make a difference!

Already Subscribed? Sign in
ADVERTISEMENT