Strong recruitment by leading banks helped expand payrolls despite automation trends, with lenders replacing thousands of workers who exited.
By
George Ngigi
Correspondent
Nation Media Group
Kenya’s top four banks last year made 6,058 new hires despite fears that increased digitisation in the sector would trigger job losses in an economy struggling with high unemployment.
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Eight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over…
The lender expanded its workforce and branch network across East Africa as customer numbers and profits continued to grow.
Four Nigerian banks paid 13,790 employees an average of ₦718,125 monthly in 2025 as lenders raised salaries.
KCB Group, dismissed 60 employees in 2025 over fraud, nearly doubling the number of staff fired in the previous year.
The proliferation of artificial intelligence (AI) is threatening to rewrite banking jobs in Kenya and, by extension, most African…
Eight Nigerian banks generated an average revenue of N332.74 million per employee in 2025, underscoring how aggressive investmen
