Kingdom shifts Sh8bn bonds to maturity

kingdom

Kingdom Bank. FILE PHOTO | NMG

Kingdom Bank has shifted to holding Sh7.99 billion worth of government debt securities long-term with the small lender now committing to keep the assets until their maturity.

This marks a significant change in the management of the Sh20.9 billion that the lender received from the Central Bank of Kenya to support its turnaround.

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