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Tag: rising expenses

  • Kenyan Microfinance Banks Report KSh 2.4 Billion Pre-Tax Loss in 2023 Because of Rising Expenses and Stiff Competition

    Kenyan Microfinance Banks Report KSh 2.4 Billion Pre-Tax Loss in 2023 Because of Rising Expenses and Stiff Competition

    Kenya’s microfinance banks (MFBs) are grappling with substantial financial setbacks, recording…