Loan defaults Kenya Stories

According to the agency, the banking industry’s impaired loan ratio, which stood at 17.6 per cent in June, is unlikely to ease until public-sector arr...

In the period under review, gross loans issued by banks decreased by 2.7 per cent to Sh4.07 trillion from Sh4.18 trillion in 2023.

The CBK survey revealed that banks plan to ramp up loan recovery efforts in eight of the 11 economic sectors and maintain the current pace in the rema...