Savings outpace loans as M-Shwari deals cross Sh3bn

Transactions on mobile banking service, M-Shwari, crossed the Sh3 billion mark last week as savings continued to outpace loans.

Sunday February 10 2013

PHOTO | SALATON NJAU | FILE Safaricom House along Wayaki Way in Nairobi.

PHOTO | SALATON NJAU | FILE Safaricom House along Wayaki Way in Nairobi. According to Safaricom chief executive officer Bob Collymore, Sh2.8 billion had been deposited into M-Shwari accounts as at February 7 while the total value of loans was about Sh378 million.  NATION MEDIA GROUP

By MUTHOKI MUMO [email protected]
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