Shareholders of Kenya’s seven-biggest banks are set to get Sh34 billion in dividends, representing a 13.6 percent increase from last year. This is in a sharp contrast to the fate of borrowers who struggled to service their loans, going by an analysis of the lenders’ performance for the year ended December 2018.
The results data from seven of the eight tier-one lenders -- as per the Central Bank of Kenya classification -- shows that their cumulative dividend cheque will grow by Sh4 billion compared to the 2017 payout.
