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Agency cuts Victoria Bank’s credit rating

Dr Yogesh Pattni chief executive officer Victoria Commercial Bank of Kenya. FILE PHOTO | NMG

By  BRIAN NGUGI

South Africa-based Global Credit Ratings (GCR) has downgraded the credit profile of Victoria Commercial Bank (VCB) Limited.

GCR scaled down the lender's long and short-term national scale issuer rating to BBB(KE) and A3(KE) respectively with a stable outlook.

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