ThisGlobe.com
General Category => Africa => kenya => Topic started by: Akeyo on September 08, 2024, 10:38:57 PM
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Top banks cut provisions despite higher loan defaults
The Kenyan operations of listed banks for instance saw a Sh564 million reduction in loan loss provision in the six months ended June 2024 to Sh34.3 billion, from Sh34.9 billion a year earlier.
Source: Top banks cut provisions despite higher loan defaults (https://www.businessdailyafrica.com/bd/markets/capital-markets/top-banks-cut-provisions-despite-higher-loan-defaults-4754208)