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Customer Deposits Hit Shs35 Trillion Mark As Five Banks Control 56% Of Industry Market Share

Banking industry customer deposits increased by 97% to Shs35.17 trillion in 2024 to Shs33.55 trillion in 2023, Business Focus exclusively reports. However, five banks including Stanbic, Centenary, Absa, Equity and dfcu control 55.84% of the industry deposits, leaving 17 banks to share 44.16%. This analysis is derived from the financial

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