Listed banks double interim dividend pay to Sh13bn

The banking industry remains well capitalised to navigate headwinds going into the end of 2024, with sufficient capital and liquidity buffers.

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Listed banks have doubled their interim dividends to Sh13.4 billion from Sh6.7 billion in the first half of last year, signalling enhanced payouts for the full year ending December.

The bumper payout is driven by the reinstatement of dividends by KCB Group.

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