Data revealing that only four counties account for more than half of all the bank branches in Kenya has once again revealed the level of concentration of wealth in a few parts of the country.
Data from the Annual Banking Sector Supervision report by the Central Bank of Kenya shows that Nairobi, Mombasa, Kiambu and Nakuru had 819 branches in 2022, out of the 1,475 outlets, which account for 55.5 percent of the total count.