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Kenyan Lenders Face Downgrade Threat Amid Sovereign Debt Crisis

© Allen Dreyfus
  • Moody’s downgrade of Kenya’s rating deepens economic woes
  • Analysts warn of further downgrades for banks and local issuers

Nairobi, Kenya – Kenyan lenders, which have significant exposure to government debt, may face ratings downgrades as the recent credit review’s contagion spreads into the economy.

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