- Standard Chartered, KCB and Stanbic account for bulk of loans
- Treasury warns against fresh borrowing by defaulting parastatals
Nairobi, Kenya – Commercial banks’ exposure to Kenya’s non-guaranteed public debt has reached Ksh78.7 billion ($608.2 million), with top lenders including Standard Chartered Bank, KCB, and Stanbic Bank collectively owed more than half of the total amount.
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