Kenyan Banks Achieve Record Profits Amid Economic Challenges
In a year marked by significant economic challenges, Kenyan banks have outdone themselves, posting a remarkable profit of Sh240.1 billion in 2024. This milestone comes despite the turbulent financial landscape of the nation. But what does this mean for the average Kenyan and the broader economy? As we delve into the details, let's explore the interplay between high profits and economic hardship, drawing insights from leading financial figures.
Surprisingly, amid this financial success, banks…