Category: Sh110.39bn
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Nine commercial banks minted Sh110.39bn from government securities
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Kenya’s nine top-tier banks have generated a total of Sh110.39 billion in interest income from their investments in government securities in six months. Disclosures from the lenders’ unaudited financial statements show that the interest income they earned from their investments in government securities increased by 17.87 percent to Sh110. 37…