Banks Want Government to Lift Moratorium on Loan Defaulters
The Central Bank of Kenya in June revealed that the ratio of non-performing loans stood at 13.1 percent, the highest since August 2007 when it stood at 14.41 percent.
Read moreDetailsThe Central Bank of Kenya in June revealed that the ratio of non-performing loans stood at 13.1 percent, the highest since August 2007 when it stood at 14.41 percent.
Read moreDetailsThe Derivatives markets of the Nairobi Securities Exchange closed Monday's session with no contracts concluded. This is from the 6 contracts valued at Kes 165,980 traded in Friday's trading session.
Read moreDetailsOil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.35% to $43.19 per barrel. U.S. crude futures also shed about 0.2% to $41.21 per barrel.
Read moreDetailsThe renminbi declined following the escalation in U.S.-Beijing tensions, losing 0.4% against the greenback and closing at 7.018 for the week.
Read moreDetailsMarket sentiment, as measured by market breadth, closed positive with the NSE closing the last trading day with 23 gainers against 18 losers.
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