CBK bonds appetite boosts bank branches

The Central Bank of Kenya in Nairobi.

The Central Bank of Kenya in Nairobi. 

Photo credit: File | Nation Media Group

Retail investor appetite for government securities, boosted by the introduction of the DhowCSD platform and high yields has driven the increased usage of bank branches where they pay for T-bills and bonds.

Access to banks, including mobile banking applications, rose to 52.5 percent this year from 44.1 percent in 2021 according to findings from the 2024 FinAccess Report published on Tuesday.

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