CBK gives 4.2M blacklisted borrowers until May to clear debt
CBK has given mobile loan defaulters who have been blacklisted until May 31, 2023 to clear outstanding debt with financial lenders
Source: kbc.co.ke
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Banks to give 4.2m mobile borrowers 50pc discount on unpaid loans
CBK has announced that commercial banks and microfinance banks will give 4.2 million mobile borrowers at least 50pc discount on defaulted loans.
Source: businessdailyafrica.com
CBK Announces 50% Discount for 4.2 Million Kenyans Listed by CRB
The new programme will allow the 4.2 million Kenyans listed on CRB to re-adjust their credit standing.
Source: kenyans.co.ke
Kenya's central bank directs lenders to forego half of $246 million digital loans
At least 4.2 million Kenyans have failed to pay $246 million they borrowed from banks, microfinance and mortgage finance companies.
Source: theeastafrican.co.ke
CBK Changes CRB Laws Barring Kenyans From Taking Loans
CBK further urged citizens to honour payment obligations on their credit facilities to enable them to build a good credit history.
Source: kenyans.co.ke