World Bank warns Kenyan banks on sovereign debt risk

 Central Bank of Kenya

The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG
 

Kenya's banking sector is among three listed by the World Bank on the continent facing high exposure to sovereign debt caused by the government's rising debt distress.

The multi-lateral lender lists Ghana, Kenya and Sierra Leone as some of the countries in Sub-Saharan Africa whose banking sectors are heavily exposed to government debt.

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