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Table-banking bridges the financial inclusion gap in Kenya

 
 

Whichever way you look at it, Kenya and by extension the East African region is undergoing a major transformation as far as financial inclusion goes. In October last year, the Central Bank of Kenya released a report on development regarding the access and consumption of financial services in Kenya. The FinAccess 2013 Survey revealed that Kenya's financial inclusion landscape has undergone considerable transformation.

Among the key highlights of the report is that the proportion of the adult population using various forms of formal financial services has risen steadily to 66.7 percent in 2013 from 41.3 percent in 2009.

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