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General Category => Africa => kenya => Topic started by: Akeyo on October 12, 2024, 05:59:25 PM

Title: Banks cut loans to parastatals by 15pc, defaults up
Post by: Akeyo on October 12, 2024, 05:59:25 PM

Banks cut loans to parastatals by 15pc, defaults up

Banks subsequently cut their lending to parastatals by 3.5 percent, from Sh78.6 billion at the start of the year to Sh75.8 at the end of the year.
Source: Banks cut loans to parastatals by 15pc, defaults up (https://www.businessdailyafrica.com/bd/economy/banks-cut-loans-to-parastatals-by-15pc-defaults-up-4790704)