non-performing loans (NPLs)
Equity Group’s profit dips by 14 per cent
Reading Time: 2 minutes EARNINGS: Equity Group profit after tax for the period ended September 30 declined 14 per cent to Sh15 billion down […]
Banks set to lose benefits of lending rate cap repeal
Reading Time: 2 minutes Lewis Njoka @LewisNjoka Benefits Kenyan banks are currently enjoying from the repeal of the rate caps will be reversed by the […]
Commercial banks rejig loans worth Sh560 billion
Reading Time: 2 minutes Commercial banks have restructured loans in excess of Sh560 billion, reflecting the cash flow burden wrought by the coronavirus pandemic, […]
Bad loans hit Sh373b as banks restructure credit
Reading Time: 2 minutes Lewis Njoka @LewisNjoka A surge in bad loans wrought by Covid-19 shocks saw banking sector non-performing loans (NPLs) soar to Sh372.6 […]
Why banks are avoiding small businesses in this Covid-19
Reading Time: 2 minutes As Covid-19 pandemic continues to negatively affect businesses, banks have started shying away from financing micro, small and medium enterprises […]