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KCB make Sh5.1b profit from cutting costs

KCB Bank Chief Executive Joshua Oigara. [File, Standard]

The Kenya Commercial Bank has reaped benefits from cutting costs and relying on agents and mobile phones to dispense loans.

By March 2018, KCB had over 13 million mobile customers and disbursed over Sh8 billion in loans through the mobile banking platform during the quarter.

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