Business Daily | by Otiato Guguyu
The number of loan accounts negatively listed with credit reference bureaus (CRBs) has hit 14 million, underscoring the struggles Kenyans are having with repayments.
The blacklisted accounts jumped by a significant 45 percent in the five months between August and January after the Central Bank of Kenya (CBK) lifted a three-month moratorium.
Data by Metropol – one of the three licensed CRBs alongside TransUnion and Creditinfo International – shows that the number of loans accounts in arrears for more than 90 days had jumped to 14,035,718 by January…
