Why Kenya’s top banks are renewing bet on retail market

I&M Bank

I&M Bank Limited Kenyatta Avenue branch. 

Photo credit: File | Nation Media Group

Top banks in Kenya have spent years deepening their foray into corporate banking and wealth management. Now they are going back to where it all started — retail banking.

Retail banking, also known as consumer or personal banking, is catching the attention of lenders such as Standard Chartered Bank Kenya, Absa Bank Kenya, Stanbic Bank, NCBA and I&M Bank as they move to recruit the next generation of customers.

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