The ratio of non-performing loans to the total loan book in the banking sector shrunk to 14.2 percent in August from a high of 14.7 percent in June when the total bad loan portfolio hit Sh514.4 billion, reflecting heightened recovery efforts by lenders.
The Central Bank of Kenya (CBK) disclosed last week that the key sectors, which had been driving up bad loans through exposure to a few large clients had recorded improved repayments.
