The battle for local market that has seen Co-operative Bank edge out Equity Bank from second position has been replayed by middle-tier banks that have grabbed a larger share.
Mid-tier lenders have snatched assets, customer deposits and market share over the past two years from large and small-tier counterparts, data from Central Bank of Kenya shows.
The 16 banks classified in the middle category have seen their asset base grow to Sh1.37 trillion at the end of 2014 representing 42.7 per cent of the industry total of Sh3.19 trillion, with customer deposits at 41.6 per cent of the industry total of Sh2.29 trillion.
http://www.businessdaily...32/-/6mk3ub/-/index.html"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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