Kenya: Equity and NBK Increase Mortgages Over Past Year

Equity Bank and National Bank of Kenya have made significant leaps in mortgage lending, surpassing the Sh5-billion mark for the first time in 2013.

Equity's value of outstanding mortgages clocked Sh5.28 billion in 2013 and is closing in on rival top-tier lender Co-operative Bank whose mortgage loans value decreased to Sh5.91 billion.

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