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62 ATMs removed as mobile, agents take over

A Diamond Trust Bank ATM lobby at Garden City Mall in Nairobi. FILE PHOTO | NMG

By  BRIAN NGUGI

The number of automated teller machines (ATMs) decreased by 62 or 2.3 per cent to 2,656 by last December from 2,718 a year earlier.

Central Bank of Kenya (CBK) said the drop was driven by adoption of cost effective channels such as the use of mobile and agency banking.

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