Live Breaking News & Updates on பட்டய வங்கி கேந்ய

Stay updated with breaking news from பட்டய வங்கி கேந்ய. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Farmers replace property developers as biggest loan defaulters in Covid-19 era


Farmers replace property developers as biggest loan defaulters in Covid-19 era
Summary
About 23.67 percent of outstanding Sh109 billion loans advanced to the sector were not being serviced as of the end of March compared to 16.03 percent a year earlier, making it the sector with the highest non-performing loans (NPL) ratio.
Agriculture’s NPL ratio marginally zoomed past building and construction (23.52 percent) and trade (19.14 percent) sectors, latest Central Bank of Kenya industry statistics shows.
Analysts attribute the elevated defaults on loan repayments in agriculture to depressed demand from sectors such as hospitality, which was hardest hit by the restrictions and shutdowns imposed to stem the spread of the pandemic. ....

Rift Valley , Raphael Agung , Kariuki Ngari , Samuel Tiriongo , Standard Chartered Bank Kenya , Kenya National Bureau Of Statistics , Kenya Bankers Association , Central Bank , Kenya National Bureau , Williamson Tea , Kapchorua Tea , Limuru Tea , Chartered Bank Kenya , Raphael Agung , பிளவு பள்ளத்தாக்கு , தரநிலை பட்டய வங்கி கேந்ய , கேந்ய தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , கேந்ய வங்கியாளர்கள் சங்கம் , மைய வங்கி , கேந்ய தேசிய பணியகம் , வில்லியம்சன் தேநீர் , பட்டய வங்கி கேந்ய ,