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Originally published by The Standard Business
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November 23, 2025
3h ago

Top banks ready Sh298.1b war chest for looming loan defaults

Top banks ready Sh298.1b war chest for looming loan defaults

Buffer against anticipated rise in bad loans in the nine months to September represents a 20 per cent rise year-on-year...

✨ Key Highlights

Kenya's top banks are preparing for potential loan defaults by setting aside a significant amount of money. This move indicates a cautious outlook on the economic landscape and the ability of borrowers to repay their debts.

  • A Sh298.1 billion "war chest" has been prepared by top banks.
  • The Standard Group Plc is associated with this news.
  • This measure reflects concerns over looming loan defaults, highlighting the current economic challenges.

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