CBK fines five banks for handling NYS funds

Central Bank of Kenya. FILE PHOTO | NMG

Central Bank of Kenya on Wednesday fined five commercial banks that were used to handle billions of shillings from the National Youth Service (NYS).

The five banks include Standard Chartered Bank #ticker:SCBK, Equity #ticker:EQTY , KCB #ticker:KCB , Co-operative Bank #ticker:COOP and Diamond Trust Bank Kenya #ticker:DTK for handling National Youth Service funds.

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