Awards and Recognition
Coronavirus
Retail Banking
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International Banker 2020 Middle East & Africa Awards Winners
The economic impact of the coronavirus has led to Kenya’s seven largest banks restructuring loans worth Sh176 billion—equivalent to 6.2 percent of the industry’s total gross loan book of Sh2.8 trillion. The pandemic has damaged Kenyan borrowers’ ability to repay their loans, particularly within the tourism sector, which has felt…
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