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Author Topic: Corporate loan defaults soar as auctions blocked in court duels  (Read 269752 times)

Akeyo

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Corporate loan defaults soar as auctions blocked in court duels
« on: September 09, 2024, 11:48:15 AM »
Corporate loan defaults soar as auctions blocked in court duels

CBK data showed of the Sh641.3 billion NPLs as of the end of March 2024, only Sh93.3 billion or 14.5 percent related to personal or households, suggesting that companies accounted for a bigger share of defaults.
Source: Corporate loan defaults soar as auctions blocked in court duels
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