CBK ponders loan relief recall on new lockdown

central bank of kenya cbk


Business Daily | by Constant Munda


Loan repayment reliefs could be reintroduced should the country’s economic situation deteriorate amid a deadlier third wave of the Covid-19 pandemic, the Central Bank of Kenya (CBK) said.

CBK Governor Patrick Njoroge Tuesday said that in the event such relief measures are reintroduced, it would require striking a middle ground that would guarantee benefits for both lenders and borrowers.

Kenya last Friday announced new measures to curb the Covid-19 wave including a partial lockdown of Nairobi and four other counties, longer curfew hours, closure of bars…

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central bank of kenya cbk


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