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Superior Homes and Absa ink deal to boost local mortgage lending

Superior Homes and Absa ink deal to boost local mortgage lending
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Total mortgage book falls Sh5 billion on Covid jitters


Total mortgage book falls Sh5 billion on Covid jitters
Thursday May 27 2021
By ELIZABETH KIVUVA
Summary
Mortgage loans disbursed by financial institutions dropped by Sh5 billion last year as customers rattled by the Covid-19 economic fallout adopted a cautious stance.
Outstanding mortgage loans were reported at Sh232.7 billion in the 12 months to December, compared to Sh237.7 billion in a similar period to 2019.
Mortgage loans disbursed by financial institutions dropped by Sh5 billion last year as customers rattled by the Covid-19 economic fallout adopted a cautious stance.
Outstanding mortgage loans were reported at Sh232.7 billion in the 12 months to December, compared to Sh237.7 billion in a similar period to 2019, the Central Bank of Kenya’s Bank Supervision Annual Report 2020 shows. ....

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