Kenyan banks’ bad loan woes, worse than Nigerian peers

Kenyan lenders face more challenges managing bad loans this year than their Nigerian counterparts even as credit losses threaten to increase in both nations, Renaissance Capital has said. According to Bloomberg, Adesoji Solanke, director for frontier and sub-Saharan Africa banks at Renaissance Capital in London, said that banks in Kenya were more exposed to small- and medium-sized companies as well as retail businesses, which are more sensitive to economic shocks. He noted that Nigerian lenders had larger exposure to dollar loans and big firms, with a higher capacity to survive downturns. Specifically, he stated that while Kenyan banks tend to sit on dead-weight loans for longer because they are required to exhaust all recovery options before scrapping the debt, Nigerian banks typically write-off fully provisioned loans after a year on their books.


Abuja Man reveals (FREE) secret Fruits that Increased his Manh00d size and Lasting Power in 5days…


%d bloggers like this:
Fake Richard Mille Replica Watches, The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica