Business Daily | by Constant Munda
Homeowners, landlords and vehicle owners topped the list of loan defaulters in the first three months last year after public health authorities eased some of the stringent Covid-19 restrictions, prompting banks to raise provisions for bad loans.
Central Bank of Kenya (CBK) data shows that loans secured on strength of title deeds and logbooks posted the largest increment in absolute numbers in the quarter through September, accounting for nearly 60 per cent of new bad loans in the period…
