KCB, Equity, Absa cut bad loans as Kenya bank profits soar

Falling interest rates and aggressive recovery efforts have helped Kenya’s top banks cut bad loans by KSh65.9bn while delivering record half-year profits.

KCB, Equity, Absa cut bad loans as Kenya bank profits soar
Falling interest rates and aggressive recovery efforts have helped Kenya’s top banks cut bad loans by KSh65.9bn while delivering record half-year profits.