How NPLs, over supply, rate caps are affecting Kenya’s property market
BY KOSTA KIOLEOGLOU According to the Central Bank of Kenya (CBK) report released last month, real estate contributed the most to May’s increase in the stock of non-performing loans (NPLs).The ratio of the non-performing loans to gross loans increased to 12.4% in April from 11.4% in February 2018 largely due to increased NPLs in the […]