People Daily | by Lewis Njoka
The number of bank branches decreased by 15 last year as adoption of alternative delivery channels deepened countrywide.
A report by the Central Bank of Kenya (CBK) shows that the number of branches dropped to 1,490 down from 1,505 in 2018.
During that period, eight counties reported an increase of 10 branches while 14 counties reported a decrease of 25 branches, translating to 15 overall decrease in branches as banks sent people home with technology taking centre stage…
