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ATM numbers down to 2,301 as digital transactions take over

BDATM

Kenya features more ATMs and commercial bank branches as a share of the population than Tanzania, Uganda and Rwanda. PHOTO | SHUTTERSTOCK

By  Bonface Otieno

Nation Media Group

Business Reporter

Banks shut down an additional 65 automated teller machines (ATMs) last year as the increased uptake of digital transactions reduces the need for physical cash dispensers.

This took down the ATMs in service to a new low of 2,301 in the review period.

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