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Payments in cheques fall to 10-year low
Central Bank of Kenya (CBK) data shows the figure has dipped in the two months, to approach the low levels of Sh148.09 billion that was last seen in August 2010. FILE PHOTO | NMG
Banks payments made through cheques have dipped to a 10-year low of Sh154.56 billion in May on slowed economic activity and shift to digital platforms to lower risks of Covid-19 infections.
Central Bank of Kenya (CBK) data shows the figure has dipped in the two months, to approach the low levels of Sh148.09 billion that was last seen in August 2010.
