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Lenders' regional expansion bears fruit as Kenya's contribution slows

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KCB Group CEO Paul Russo and Trust Merchant Bank SA (TMB) Oliver Meisenberg during the final sign-off ceremony event. [File, Standard]

As Kenya's economy grapples with challenges, banks are actively seeking out new avenues for growth.

Their focus has now shifted towards the region, as they aim to take advantage of regional trade agreements and explore fresh opportunities amidst the declining prospects at home.

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