Kenyan banks restructure $15bn in loans as covid hits borrowers

Nigeria’s small banks go big on loans as big banks slow down

The loan restructuring programme began after forbearance provided by the Kenyan central bank last year.

Kenyan commercial banks have so far restructured 1.63-trillion Kenyan shillings ($14.81bn) in loans as borrowers seek more time to recover from the covid pandemic. The loan restructuring programme began after forbearance provided by the Kenyan central bank last year. The amount so far restruct

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