NCBA mobile loans surge to Sh729 billion

NCBA chief executive John Gachora. FILE PHOTO | LUCY WANJIRU | NMG

NCBA Group lent Sh729 billion in digital loans last year, underlining the strong demand for mobile-based credit facilities.

The bank’s disclosures for the 2022 financial year show that this was an additional Sh145 billion from the Sh584 billion disbursed in digital loans the previous year in the six countries where the bank operates.

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