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Kenya Central Bank Blocks Digital Lenders From Sharing Loan Info

A lot of vital information on loans may be easily accessible to the public because of gross misuse of the credit information sharing (CIS) mechanism, the central bank of Kenya cautioned. According to local media reports, Kenya had 1,994 third-party data providers allowed to share borrowers’ loan defaults and payments with Credit Reference Bureaus (CRBs), […] ....

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