Kenya non-performing loans hit 13-year high due to COVID-19

The ratio of non-performing loans in Kenya have hit a 13-year high due to the shocks caused by the covid-19 pandemic. Central Bank data indicate that bad loans increased to 13.1 per cent, the highest since 2007 when they stood at 14.1 per cent.
Thu, 11 Jun 2020 04:17:23 GMT
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