NCBA Bank will write off more than Sh11.25 billion of bad loans under its digital platforms being the hardest-hit lender in the recent banking sector framework aimed at removing Kenyans from negative credit listing.
The lender has said it is engaging borrowers under digital platforms—Fuliza and M-Shwari — who have defaulted on short-term loans to cancel 50 per cent of the amount and repay half within six months.
