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Banks bounce back from Covid-19 blues to report jump in profits

BUSINESS

Banks recorded a drop in profit as the effects of the virus forced many of them to devise ways of cushioning customers including loan repayment.

Banks bounce back from Covid-19 blues to report jump in profits

By Fredrick Obura | 2 months ago

Ensuring loans don’t end up in acrimony

Ensuring loans don’t end up in acrimony

Justin Maina, a businessman, was recently approached by his friend’s wife with an "urgent" demand for Sh10,000.

| 9 years ago

Days numbered for serial loan defaulters

Loan payment history for borrowers from commercial banks will appear on credit reference files within the next three months.

| 11 years ago

Banks bounce back from Covid-19 blues to report jump in profits

Banks recorded a drop in profit as the effects of the virus forced many of them to devise ways of cushioning customers including loan repayment.

Fredrick Obura | 2 months ago

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