Fitch: Kenya’s new $77 million capital rule to reduce bad loans
The Central Bank of Kenya in Nairobi County on January 28, 2024. The new core capital requirements for Kenyan banks could help reduce non-performing loans (NPLs) and credit concentration risks.
Global rating agency Fitch expects the new Ksh10 billion ($77.51 million) core capital requirements for Kenyan banks to help reduce non-performing loans (NPLs) and credit concentration risks.
This could also create more room for credit growth.
