Fx denominated loans as a share of bank loans reached 29.1% in fourth quarter of 2023 in Kenya, according to the National Central Bank. This is 1.23% less than in the previous quarter.
Historically, FX denominated loans as a share of bank loans in Kenya reached an all time high of 30.5% in 3Q2022 and an all time low of 11.0% in 1Q2006.
Kenya has been ranked 22nd within the group of 61 countries we follow in terms of FX denominated loans as a share of bank loans.
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