Old banks top remittals of Sh3bn unclaimed cash

Old banks with operations dating back over a century top the list of contributors to the Unclaimed Financial Assets Authority (UFAA).

Chief executive Kellen Kariuki said KCB had remitted the largest amount to the authority by the end of July, at Sh700 million, with the total amount held in trust of claimants now standing at Sh3.3 billion.