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Billions Frozen as Banks Close 78.7m Dormant Accounts

Summary by NTV Kenya
Nearly a third of bank accounts have been closed for being inactive, freezing billions of shillings in the wake of data clean-up. Data from the Kenya Deposit Insurance Corporation (KDIC) shows that the number of accounts fell from 112.5 million in June 2024 to 78.7 million in June 2025, a difference of 33.8 million, following […]
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Business Daily broke the news on Tuesday, May 5, 2026.
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