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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CBK has given mobile loan defaulters who have been blacklisted until May 31, 2023 to clear outstanding debt with financial lenders
CBK has announced that commercial banks and microfinance banks will give 4.2 million mobile borrowers at least 50pc discount on defaulted loans.
The new programme will allow the 4.2 million Kenyans listed on CRB to re-adjust their credit standing.
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