Foreign investors smile all the way to the bank as lenders issue record dividends

Financial results released by the major lenders so far show that foreign investors are smiling all the way to the bank. [iStockphoto]

Foreign investors are the biggest beneficiaries of the dividend boom in major listed Kenyan banks, underlining the entrenchment of global firms in the local economy.

Financial results released by the major lenders so far and an analysis of their shareholding structure by Financial Standard show that foreign investors are smiling all the way to the bank.