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Uhuru blast "24th-floor" bank executives on lending

KCB CEO Joshua Oigara (left), President Uhuru Kenyatta (Centre) and Central Bank Governor Patrick Njoroge (right) during the annual SME Day dubbed “Inua Biashara Day” at the Safari Park Hotel. [Wilberforce Okwiri/Standard]

President Uhuru Kenyatta has criticised bankers who profile small businesses as risky borrowers and then deny them loans.

The President described the bank executives as detached from reality, saying they were myopic in their pursuit to only reap profits from lending to the Government.

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