Browsing: business loans in Kenya

loans for businesses in Kenya
  • Banks expect an increase in the growth of loans to businesses in Kenya for the rest of the year, supported by an increase in demand to meet business and personal needs
  • A Central Bank of Kenya survey found that loans to businesses in Kenya would grow as businesses start capital expenditures and the environment continues to improve post-Covid and post-elections
  • 43% of non-bank private firms said they expected the demand for loans to increase in November and December as they sought to boost business finance and working capital requirements

Banks expect an increase in the growth of loans to businesses in Kenya for the rest of the year, supported by an increase in demand to meet business and personal needs.

A survey conducted by the Central Bank of Kenya found that loans to businesses in Kenya would grow as businesses start capital expenditures and the business environment continues to improve …