Revealed: Kenyans with over Sh100,000 in bank

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A trader counting money. FILE PHOTO | NMG

The number of bank accounts holding more than Sh100,000 rose by 134,000 last year in the face of uncertainty about jobs and incomes following the Covid-19 pandemic.

The Central Bank of Kenya (CBK) data released Wednesday show that the number of the high-quality accounts increased to 1.69 million in the year to December, reflecting a growth of 8.7 percent.

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