337 digital mobile lenders ejected from CRB listing

Central Bank of Kenya Governor Patrick Njoroge. FILE PHOTO | NMG

More than 337 unregulated digital mobile lenders and micro financiers have been barred from forwarding the names of loan defaulters to credit reference bureaus (CRBs).

The CRBs say the number of firms allowed to blacklist defaulters with the bureaus has dropped to 2,254 in September from 2,332 in May last year.

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