Banks cut loans to parastatals by 15pc, defaults up

[Akeyo]

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