Kenya's top eight commercial banks saw their lending margins widen by Sh24.2 billion in the nine months to September, as they cut returns to depositors at a faster pace compared to reduction in the cost of loans.
The lending margins of the banks, including KCB Bank Kenya and Equity Bank Kenya, rose to Sh149.7 billion in the review period compared to Sh125.5 billion a year earlier, according to analysis of the results published so far.
