Credit Market Under Severe Pressure As Covid-19 Impacts Economy

  • 4 years ago
Kenya's Credit Market Will Come Under Severe Pressure As The Covid-19 Pandemic Impacts The Kenyan Economy, With Gross Domestic Product Expected To Slow To Between 4.5-5.5percent, Down From The Previously Forecasted 5.9percent. The Study Conducted By An American Research Company Reveals That Individuals And Businesses Are Failing To Meet Their Credit Obligations Which Could Lead To Increase In Non-Performing Loans.

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