In 2021, bank deposits in Kenya amounted to approximately five trillion Kenyan shillings (KSh), around 35.6 billion U.S. dollars. According to the report, growth was supported by mobilization of deposits through agency banking and mobile phone platforms. For instance, in 2010, the country registered a total amount of deposits worth some 1.2 trillion KSh (roughly 8.5 billion U.S. dollars).
Value of deposits in the banking sector in Kenya from 2010 to 2022
(in billion Kenyan shillings)
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Central Bank of Kenya. (May 15, 2023). Value of deposits in the banking sector in Kenya from 2010 to 2022 (in billion Kenyan shillings) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1231214/value-of-deposits-in-the-banking-sector-in-kenya/
Central Bank of Kenya. "Value of deposits in the banking sector in Kenya from 2010 to 2022 (in billion Kenyan shillings)." Chart. May 15, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1231214/value-of-deposits-in-the-banking-sector-in-kenya/
Central Bank of Kenya. (2023). Value of deposits in the banking sector in Kenya from 2010 to 2022 (in billion Kenyan shillings). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1231214/value-of-deposits-in-the-banking-sector-in-kenya/
Central Bank of Kenya. "Value of Deposits in The Banking Sector in Kenya from 2010 to 2022 (in Billion Kenyan Shillings)." Statista, Statista Inc., 15 May 2023, https://www.statista.com/statistics/1231214/value-of-deposits-in-the-banking-sector-in-kenya/
Central Bank of Kenya, Value of deposits in the banking sector in Kenya from 2010 to 2022 (in billion Kenyan shillings) Statista, https://www.statista.com/statistics/1231214/value-of-deposits-in-the-banking-sector-in-kenya/ (last visited December 21, 2024)
Value of deposits in the banking sector in Kenya from 2010 to 2022 (in billion Kenyan shillings) [Graph], Central Bank of Kenya, May 15, 2023. [Online]. Available: https://www.statista.com/statistics/1231214/value-of-deposits-in-the-banking-sector-in-kenya/