Kenya@60: A nation on the move – the revolution of the banking sector

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Standard Chartered Bank's co-shared space with Artcaffé at Britam Centre. The space, launched in December 2021, offers mobile express banking, ATMs, phone banking services and electronic cheque and cash deposit.

Photo credit: File | Nation Media Group

Equity Group CEO James Mwangi captured the big digital shift in the banking sector when he said that banking had stopped being a place where people go to and is now what they do on their phones.

The digital shift in the banking sector is just one bit of the transformation that has been happening over the past 60 years to build institutions that now do much more than just taking deposits and dishing out loans.

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