Business Daily | by Elizabeth Kivuva
Commercial banks reported higher bad loans from corporate clients during the course of the pandemic, debunking the perception that SMEs were riskier borrowers, according to a new report.
In the 2021 Economic and Investment Landscape brief, ICEA Lion Group has said the revelation offers an opportunity for banks to increase their lending appetite to SMEs.
“Banks have been starved of credit opportunities for almost five years now as a result of the rate cap and the pandemic. During the course of…
