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Headline : Kenyans with over half a million in bank revealed

Read more from the original article on here at www.businessdailyafrica.com.





Tags : #kenyans #over #half #million #bank #revealed



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Less than one percent of Kenyaโ€™s bank accounts held more than Sh500,000 last year, highlighting Kenyaโ€™s poor savings culture and the growing income inequality.

Central Bank of Kenya (CBK) data shows that 800,000 high-quality depositors accounted for 0.74 percent of all banks accounts that held 85 percent of Sh5.83 trillion deposits.

Read more from the original article on here at www.businessdailyafrica.com.


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