KCB fires 22 employees over fraud

KCB Bank

KCB Kipande branch in Nairobi.

Photo credit: File | Nation Media Group

KCB Group has fired 22 employees for fraud-related offences in the year ended December 2023, a 175 percent increase from the eight sacked the previous year.

The lender's latest sustainability report, released on Tuesday, showed that it dealt with 48 fraud-related disciplinary cases, resulting in 22 terminations and 26 resignations.

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