Tag: CRB listings
4.2 million Kenyans removed from CRB, their unpaid mobile loans reduced by 50% as CBK announces deal
Michael Majanga
The Central Bank of Kenya on Monday, November 14 announced a programme that will see Kenyans blacklisted by CRBs for defaulting on mobile loans pay only 50% of the amount they owe digital lenders.In a bid to improve the credit standing of m
CRB LISTINGS RETURN! CBK rules out extension of moratorium
Michael Majanga
You will be listed with the Credit Reference Bureaus (CRB) if you default on your loan, this is according to Central Bank of Kenya (CBK) Governor Patrick Njoroge. According to Njoroge, commercial banks and other lending institutions will fr