SMEs outshine big firms in paying loans
THE STANDARD BUSINESS NEWS ICEA Lion Assets Management Chief Executive Einstein Kihanda, General Manager for Business Development and Client Elizabeth Irungu and Nairobi Securities Exchange CEO Geoffrey Odundo unveil ICEA's new digital unit trust portal in Nairobi yesterday. [David Gichuru, Standard] Banks have been asked to change their attitude on lending to Small and Medium Enterprises (SMEs) in light of a new study that discredits their tag as high-risk borrowers. New research by ICEA Lion Asset Management shows some banks have reported higher Non-Performing Loans (NPLs) from their corpo...
Source: standardmedia.co.ke