Barclays Bank of Kenya’s #ticker:BBK staff count dropped by 171 workers last year, joining a long list of lenders that have either retrenched or failed to replace retiring employees in the wake of interest rates cap law.
The lender had 2,591 employees in Kenya as at December 2016 compared to 2,762 workers a year earlier, according to the bank’s latest annual report. Staff costs at Barclays Bank grew 4.99 per cent to Sh9.77 billion last year compared to Sh9.3 billion in 2015.
