Family Bank suspends afternoon tea for its employees to cut costs – Here is a LEAKED MEMO

..our cost lines and re-evaluate where we can make further reductions to restore the bank back to profitability."

The institution seems to be on dire strain after its net earnings dropped to Sh352.52 million from the Sh1.98 billion it posted for the full-year that ended December 2015.

See the memo below.

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