The banking sector lost over 2,500 employees last year

22 views · Published 24 August 2018 · 2:23 · Indexed 20 September 2026

Channel: KBC Channel 1 · 2018 · News & Politics

Watch on YouTube

The banking sector lost over 2,500 employees last year as they strived to cut operational expenses and remain profitable. The Central Bank of Kenya also attributes this to a consistent improvement in efficiency in business models, automation and a shift to alternative channels. Countrywide branch network declined 23 percent whereas agency banking increased 14 percent in the period under review
Connect with KBC Online;
Visit our Website - http://www.kbc.co.ke/
Follow KBC on Twitter  - https://twitter.com/KBCChannel1
Find KBC on Facebook - https://www.facebook.com/kbcchannel1news/
Follow KBC on Instagram - https://www.instagram.com/kbcnews_/
#KBCNewsHour

More from this channel