Kenyan bank borrowers have three months (March 3 to June 3) to regularise their loan repayments following the expiry of a one-year window through which the lenders had extended and restructured the loan repayments for customers adversely impacted by Covid-19 pandemic.
Central Bank, in consultation with the banks, agreed on a one-year period (March 3, 2020 to March 3, 2021) to extend emergency measures to cushion borrowers from the adverse economic effects of the coronavirus.
