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How the banking industry can survive virus pandemic
Kenya Bankers Association (KBA) chief executive Habil Olaka. FILE PHOTO | NMG
The world as we knew it is no longer, and the world that will be, is unknown to many. At the time of this publication, Covid-19 cases have surpassed 1.9 million globally with numerous countries in lockdown.
Consequently, we can no longer hide that the global economy is slowly coming to a halt. Banks and financial institutions, like other businesses, are concerned about how they will survive during this uncertain period.