Billion-Shilling Battle: Top Banks Prepare for Massive Loan Default Wave

Published 3 weeks ago1 minute read
Pelumi Ilesanmi
Pelumi Ilesanmi
Billion-Shilling Battle: Top Banks Prepare for Massive Loan Default Wave

Kenya’s largest banks have fortified their financial defences, setting aside a massive Sh298.1 billion to cover potential loan losses in the first nine months of the year.

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