Business Daily | by Otiato Guguyu
Banks saved Sh6.3 billion last year in rental charges as the lenders shut down branches, closed automated teller machines (ATM) and moved away from expensive real estate spaces in commercial areas to their own premises in a move to save on costs.
Central Bank of Kenya data shows that bank paid Sh5 billion in rent last year down from Sh11.3 billion in 2018 as lenders
During the period under review, the number of ATMs decreased by…
