Kenya’s banking sector posted an 8.8 per cent decrease inprofitability in 2023 from $1.83 billion (Ksh240.4 billion) in December 2022, to $1.67 billion (Ksh219.2 billion) in December 2023. The decrease in profitability was attributed to a higher increase in total expenses of $1.34 billion (Ksh175.3 billion) compared to the rise in total income of $1.18…...
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