Kenyan banks urged to boost SME financing as digital platforms promise richer credit data
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Treasury CS John Mbadi spoke at the NCBA Economic Forum regarding SME financing. He urged banks to increase their lending to small and medium enterprises. Mbadi noted that digital banking provides transaction data that can help banks make credit decisions.
At the NCBA Economic Forum, Treasury CS John Mbadi called on banks to expand lending to SMEs, highlighting digital banking's role in supplying transaction data for credit decisions.