Home National Parliament backs return of CRB for mobile phone loans

Parliament backs return of CRB for mobile phone loans

kenya parliament, national assembly
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Business Daily | by Otiato Guguyu


MPs have backed a revised Bill allowing digital lenders to resume reporting loan defaulters to credit reference bureaus (CRBs).

The parliamentary committee on Finance and National Planning approved the Central Bank Amendment Bill 2021 and agreed to include a clause to allow digital lender submit reports to the CRBs…

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