Opinion & Analysis
Credit access behind push for bureau
Prof Njuguna Ndungu (left),CBK Governor, signs a licence certificate issued to Credit Reference Bureau Africa as the firm’s chief executive, Mr Wachira Ndege (centre), and his deputy, Mr Stephen Mills, looks on. Photo/FREDRICK ONYANGO
By Njuguna Ndung’u
(email the author)
Posted Tuesday, March 9 2010 at 00:00
Posted Tuesday, March 9 2010 at 00:00
The Micro-finance Act was amended vide the Finance Act, 2009 to permit credit information sharing.
Inclusion of all stake-holders will allow the full benefits of credit information sharing to permeate the whole economy.
Prof Ndung’u is the CBK Governor. Excerpts of a speech he delivered during the launch of the first licensed Credit Reference Bureau––CRB Africa.
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