Standard Chartered Bank is set to close four of its branches by the end of August including; Bungoma Branch, Kisii Branch, Kitengela Branch and Warwick Branch.
Stanchart's CEO Lamin Manjang' on Monday announced that the move was geared towards developing the banks' online and mobile channels to deliver easy, convenient banking to its clients.
"The accounts will be moved to the nearest branches. The affected staff will also be deployed to other branches and other roles." Mr Manjang' stated.
He added, ''We are continuously undertaking a branch rationalisation programme in line with our digital-by-design strategy."
This comes a week after Barclays Bank of Kenya announced that it would relocate seven of its branches by October 1 in a move to save cost.
The affected branches were Moi Avenue Branch, Waiyaki Way Branch, Haile Selassie Branch, Wundanyi Branch and Meru Branch.
The lender, however, said the closure would not affect staff.
