Central Bank suspends CRB listing of loans under Sh5 million

central bank of kenya cbk


Business Daily | by Brian Ngugi


Borrowers defaulting on loans of less than Sh5 million will not be blacklisted at the credit reference bureaus (CRBs) while those already blacklisted will be dropped in a bid to cushion businesses recovering from Covid-19 hardships.

This is after the Central Bank of Kenya (CBK) on Monday moved to implement President Uhuru Kenyatta’s order on suspending the listings…

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