Tag: credit reference bureau

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Forex Bureaus: Details of the Little-Known Currency Trading Business in Kenya

Forex Bureaus were established in Kenya in 1995 by the Central Bank of Kenya under the CBK Act Section 33K provisions to encourage the development of the foreign exchange market and moderate the forex spread in the country's customary economic conditions.

Joy For Borrowers As All-Or-Nothing CRB Listing Set To Be Abolished

The government will work with credit reference bureaus on a new system of credit score rating that provides borrowers with an opportunity to manage their creditworthiness.

Millions of Kenyans Blacklisted by CRB Over Digital Loans Defaults

The report compiled by the think tank dubbed Customer Experience of Digital Credit in Kenya shows that more Kenyans are having their credit scores degraded over huge appetite for quick loans.

EX-journalist wins Sh1 million from Stanbic for wrongful CRB listing

The High Court in Nairobi has awarded former journalist Mwenda Njoka and his wife Ksh 1 million as damages in a suit in which...

Top Google searches list shows Kenyans wary of being blacklisted by CRB

Global search engine, Google, has released Kenya’s top trending searches for the month of February 2019 indicating 'How to check CRB' (Credit Reference Bureau...

Here’s how to cure ‘confusing’ CRB systems

A commercial law firm wants a standalone law that will regulate credit scoring  in a bid to curb confusion brought about by different formulars...

Why World Bank wants Saccos turned into banks

Global lender says while the country already has 43 commercial banks, one way of increasing competition would be to allow Saccos to compete on a level playing field, adding it would help reduce cost of credit

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SportPesa Revolutionises Online Betting with Full Cash Out Option

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