Banks will from Monday start listing thousands of loan defaulters with credit reference bureaus (CRBs) following the expiry of the three-month notice period for blacklisting borrowers of unpaid credit.
Lenders offered defaulters 90 days from October 1 to start repaying their loans after the Central Bank of Kenya (CBK) lifted the six-month freeze for listing borrowers who have failed to pay loans in the wake of the coronavirus economic fallout.
