×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Top banks build Sh230b war chest for bad loans amid economic gloom

Kenya's largest banks have allocated a total of Sh235 billion for loan losses due to concerns about a slowdown in the country's economy and an increase in defaults among businesses and individual borrowers over the past nine months.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • 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