Technical glitches during a critical data migration allowed customers at Kenya’s largest bank, the KCB Group, to withdraw sums above their bank balances. Customers withdrew around $7.7 million (KES 1 billion) from October 11 to 31, ten people familiar with the matter told TechCabal.
The bank has restricted the accounts of customers who overdrew their accounts and has notified them,…
Headlines Newsletter
Subscribe now for weekly top news headlines roundup, delivered directly to your inbox.
THANK YOU FOR SUBSCRIBING!
Something went wrong.