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News
Banks Caught Between Ruto’s Unsecured Lending Push and 15.3% Bad Loans
2+ mon, 2+ week ago (200+ words) President Ruto demands banks abandon title deed collateral for MSMEs, even as lenders grapple with a risky 15.3% non-performing loan ratio. President William Ruto has directed Kenya’s commercial banks to immediately pivot away from traditional collateral-based lending, demanding they provide affordable,…...