NCBA overtakes KCB, Equity in high value accounts

NCBA Group Managing Director and CEO John Gachora at a past media briefing on August 24, 2023.  

Photo credit: File | Nation Media Group

NCBA Bank Kenya has beaten its top rivals, including KCB Bank Kenya and Equity Bank Kenya, to hold the largest number of high-value accounts with deposits of more than Sh100,000 at the end of last December.

The latest bank supervision report shows that NCBA’s high-net-worth accounts more than doubled to 416,481 in the review period, ranking it first in the number of wealthy clients.

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Note: The results are not exact but very close to the actual.