Financial sector experts and industry players have pointed to sluggish process in collateral auction as one of the factors contributing to greater credit risk and high lending rates. How can this be tackled and how could the recently launched electronic auctioning system come into play? Maurice Toroitich, Managing Director, BPR Part of Atlas Mara joins CNBC Africa for more.
Understanding the implications of slow auctioning on lending
PUBLISHED: Wed, 02 Sep 2020 14:45:37 GMT