Barclays Bank to shut seven branches sparking job losses fears

Barclays Bank of Kenya Managing Director, Jeremy Awori makes his address as they officiated the launch of Barclays bank's centennial celebrations at Barclay Bank's headquaters,Waiyaki way,Nairobi on 12th February ,2016. Photo/Elvis Ogina (Nairobi)

Barclays Bank of Kenya has become the latest lender to announce closure of some of its branches in a move aimed at cutting costs.

Chief Executive Jeremy Awori told the staff in an internal communication that seven branches were set to be closed effective October 1 and their operations merged with other nearby branches.