×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Loans blamed for Kenya poor saving culture

Kenya’s financial market is heavily focused on borrowing. [Courtesy]

Overreliance on loans is to blame for Kenya’s poor saving culture, with the country’s savings ratio still lagging behind its peers at 12 per cent.  

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in