×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Agency warns banks on huge State loans

Local banks risk higher costs of borrowing from international markets because of the huge loans they offer to the Government.

Global credit rating firm Moody's warned banks to reduce the rate at which they lend money to the Government since the trend exposed them to credit rating risks.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive 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