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Kenya National Police Deposit-Taking Savings and Credit Cooperative Society has doubled its capital ratios compared to the industry average, even as most SACCOs and banks continue to face high loan defaults.
The Johannesburg-based Global Credit Ratings on Monday, April 28, reaffirmed the SACCO's long-term rating at A-(KE) and short-term rating at A2(KE), both with a stable outlook.
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