Court victories boost KCB's bid to cut soaring bad loans

KCB reckons that it has made the first steps in a long and torturous journey of bringing down its non performing loans, or loans that have not been serviced for more than three months. [Elvis Ogina, Standard]

It may be too soon for the new KCB Group Chief Executive Paul Russo to pop the champagne.

But Mr Russo, the new occupant of the corner officer at Kencom Building, has every reason to smile over two recent developments in court.