Mobile, agency banking cut ATMs count to 11-year low

The banking sector shut 55 ATMs in five months to close December at 2,282 ATMs. ILLUSTRATION | FOTOSEARCH

Banks have cut the number of automated teller machines (ATMs) for the fifth consecutive month, taking the overall count to levels last seen over 11 years ago on the continued switch to agency, the Internet and mobile banking.

Central Bank of Kenya (CBK) data shows the banking sector shut 55 ATMs in five months to close December at 2,282 ATMs, the lowest count since October 2012 when there were 2,264 such machines.

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