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The curious case of banks growing fat as depositors fight for leftovers

Central Bank of Kenya headquarters. 

The Covid-19 pandemic has left in its wake, a dark cloud of fear with hundreds fighting for their lives and millions for their livelihoods.

Should the pandemic trigger a surge in the cost of living, with prices of consumer products going through the roof due to falling supply, the Sh3.5 trillion of depositors’ cash in banks will lose its purchasing power.

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