Absa’s daily loan restructuring requests fall 98pc from July 1,244 peak

Absa Kenya head office in Westlands, Nairobi. FILE PHOTO | NMG

Absa Kenya #ticker:ABSA daily customer requests for loan restructuring have now dropped from the peak of 1,244 in July to about 23, offering hope on the performance of the remaining loan accounts.

Country strategy director at Absa Moses Muthui said in briefing to investors that requests for changes on repayment terms started building up in April, rising steadily to peak last month.

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