@TheEastAfrican

How the squeeze on two fronts is hurting Kenya’s credit market

17 days ago, 19:08

By: Habil Olaka

The Kenyan banking industry is caught up in a pincer movement. Conditions for lending are tighter than they were, slowing lending growth rates to two per cent currently, from 20 per cent in April 2015. And industry profits are declining. The result, for many businesses that rely on bank credit, has been the absence of critical finance during an extended hold on new business and slowed payments throughout the country’s prolonged election period. The Supreme Court nullified the outcome of the Augu ...
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@TheEastAfrican

How the squeeze on two fronts is hurting Kenya’s credit market

17 days ago, 19:08

By: Habil Olaka
The Kenyan banking industry is caught up in a pincer movement. Conditions for lending are tighter than they were, slowing lending growth rates to two per cent currently, from 20 per cent in April 2015. And industry profits are declining. The result, for many businesses that rely on bank credit, has been the absence of critical finance during an extended hold on new business and slowed payments throughout the country’s prolonged election period. The Supreme Court nullified the outcome of the Augu ...
Read More

Category: topnews news oped opinion

Suggested

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@TheEastAfrican - By: Moses K. Gahigi
AU to adopt single continent air travel market

The SAATM regulatory framework will depend on reliable air access. ...

Category: topnews news
5 hours ago, 09:07
@DailyNation - By: Mohamed Ahmed
Security agents grapple with increased Shabaab attacks in Lamu

Shabaab militants turn Lamu into a playground, killing, maiming and destroying property. ...

Category: topnews news counties
5 hours ago, 08:46
@DailyNation - By: Lucas Barasa Moh ...
Nasa leaders head to Mombasa for people’s assembly

Mombasa Governor Ali Hassan Joho to host other Nasa leaders in Coast rally. ...

Category: topnews news counties
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Raila, team descend on his elusive deputy Joho’s turf

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