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NBK sends home 190 employees to tame wage bill

National Bank branch in Nyeri town. The bank is restructuring as it leverages on technology. Photo/Joseph Kanyi

The National Bank of Kenya (NBK) has sent home 190 employees under the voluntary early retirement scheme as it seeks to rein in its wage bill.

The group concluded its duty at NBK last Wednesday. At the time, the partly State-owned bank had some 1,800 employees.

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