×

Banks build Sh31b war chest for bad loans amid living cost crisis

Kenya's biggest banks have collectively set aside Sh30.9 billion for loan losses in the last six months as concerns about an economic slowdown in the country and higher defaults among businesses and individual borrowers mount.

Get the Full Story Now. Become a Standard INSiDER
Get Trusted News for Only Ksh99 a Week

Subscribe Today & Save!

  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
Already a subscriber? Log in