High non-performing loans burden Kenyan banks' performance

A second global ratings agency, Fitch Ratings, has retained its outlook on Kenya’s banks at ‘B’ with a negative outlook, citing the high volumes of non-performing loans (NPLs) amid adverse economic shocks. To address what this means for the Kenyan banking sector outlook, CNBC Africa is joined by Abraham Muthogo Kamau, CEO, Miradi Capital.
Thu, 07 Mar 2024 15:02:12 GMT