Quarterly Economic Review

Banks face bad loans mess as property market slows down

Reading Time: 3 minutes Desperate commercial banks, keen to offload bad loans are finding it difficult to dispose of distressed assets in the auction […]

Economy: Auctions rise as hard times bite borrowers

Reading Time: 3 minutes Seth Onyango @SethManex Banks and small lenders have ramped up repossession of distressed assets from defaulters as the local auction […]