Credit Score
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CS Muturi Officially Launches Customer Service Week at Nairobi’s Huduma Centre
Public Service Cabinet Secretary Justin Muturi officially inaugurated this year’s Customer Service Week at the Huduma Centre, GPO, in Nairobi,…
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S&P Downgrades Kenya’s Rating to B-
S&P Global Ratings downgraded Kenya’s credit score after the government nixed controversial tax hikes meant to address fiscal imbalances. The…
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Rising Interest Rates Trigger Surge in Loan Defaults Among Kenyans
The first half of 2024 has seen an increase in loan defaults in Kenya, driven by rising interest rates that…
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Reasons Why CRBs Don’t Blacklist Borrowers Anymore
The term “blacklist” has become obsolete in Kenya’s credit market, following major transformations within the Credit Reference Bureaus (CRBs). This…
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Government Hints at Working with CRBs to Better Hustler Fund
The Kenyan government has hinted at working with Metropol Credit Reference Bureaus (CRB) in the near future to better the…
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7 More DCPs Meet CBK Requisite Measures to Operate in Kenya
The Central Bank of Kenya (CBK) has licensed an additional 7 Digital Credit Providers (DCPs), bringing the total number of…
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The Cost of Credit in Kenya is Getting Out of Hand
KCB Bank Group raised its base lending rate from 14.7% to 15.6%. But even after this hike, they’re still among…
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What it Means as Kenyan Banks Adopt Risk Based Pricing Model
Commercial banks in Kenya have received approval to advance in Risk-Based Pricing, in what is seen as a measure to…
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Metropol Hosts Mobile Lenders on Data Sharing, Privacy in Credit Market
Metropol Credit Reference Bureau (CRB) hosted the Digital Credit Providers Breakfast Meeting in Nairobi where stakeholders stressed the need for…
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The Future of Credit Rating: Emerging Trends and Technologies in Credit Scoring
Credit rating plays a crucial role in the financial industry, enabling lenders to assess the creditworthiness of borrowers and make…
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