Credit Bank PLC · LEAD
Credit Bank Repositions for Growth After Cutting Losses and Strengthening Balance Sheet
The lender’s liquidity position emerged as one of the strongest indicators of its turnaround efforts.
Tag · Credit Bank PLC
Credit Bank PLC
4 articles
Court Gives Credit Bank Green Light to Sell Prime Nairobi Plot Over Sh1.2bn Debt
The dispute centres on loans totalling Sh1.2 billion advanced to two sister firms, Jabavu Village Ltd and Hasson Pharmaceuticals Ltd, which were secured using the Upper Hill property.
Credit Bank Secures Sh2 Billion in New Funding
Credit Bank is seeking regulatory approval from the Central Bank of Kenya ahead of a planned extraordinary general meeting at the end of November.
Credit Bank Defies Court Order in Land Seizure as It Faces Existential Threat Over Sh1.7bn Capital Black Hole
Approximately 60 percent of Credit Bank’s loan book is classified as non-performing—meaning three out of every five borrowers have stopped paying.