KCB staff fraud nearly doubles as 894 cases reported

Customers at a KCB branch in Nairobi. FILE PHOTO | NMG

KCB Group #ticker:KCB says internal fraud attempts hit 894, nearly doubling from previous year’s 574 cases, pointing to the rising threat posed by staff on customer deposits.

This is according to the lender’s sustainability report covering events up to December last year showing that overall, KCB was faced with 1,213 attempts of fraud.

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