×
The Standard e-Paper
Smart Minds Choose Us
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Banks experienced a surge in bad debt in December as borrowers struggled to service their loans following the end of a repayment holiday granted to soften the blows of Covid-19.
The stock of bad loans rose to Sh423 billion, 14.1 per cent of banks’ total loan book that stood at Sh3 trillion, according to the Central Bank of Kenya (CBK).
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join