Liquidity ratios dip as banks scale up lending

The Central Bank of Kenya. PHOTO | DENNIS ONSONGO | NMG

Banks' stocks of liquid assets have dipped seven percentage points over the last year to 51.6 percent in July as lenders increased loans to the customers.

Central Bank of Kenya (CBK) data shows liquidity ratios have come down from 58 percent in a similar period last year as private sector credit grew at double-digit rates.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.