Business Daily | by Victor Juma
Co-operative Bank has hired management consulting firm McKinsey & Company to review its lending processes with an aim of reducing the risk of defaults.
This is McKinsey’s second assignment at the lender that first hired it in 2014 to cut costs and transform the Nairobi Securities Exchange-listed firm into a digital bank.
“This time round we have brought McKinsey on board to give a critical focus on credit risk management in the Covid-19 environment…
