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Author Topic: Top banks cut provisions despite higher loan defaults  (Read 320184 times)

Akeyo

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Top banks cut provisions despite higher loan defaults
« on: September 08, 2024, 10:38:57 PM »
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
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