NYS tenders scam gets CBK fining five major banks in Kenya
NYS tenders scam gets Central Bank of Kenya issuing fines to five major banks in Kenya. This follows months of investigations into the manner of which the …
2018
Okolea loan app from Okolea International launches in Kenya
Okolea loan app from Okolea International has launched in Kenya. Using your phone you can now register in just a few minutes and receive your loan through your …
500,000 people in Kenya blacklisted with Credit Reference Bureau (CRB) for defaulting on their mobile loans
New data from Transunion Credit Reference Bureau shows that more than 500,000 people in Kenya are currently blacklisted for up to seven years with Credit …
What is a credit score, and how can you improve yours
What is a credit score is a question many would like to understand. Credit Score are the factors that are considered when credit bureaus calculate your …
Fintech companies offering loans has led to an increase in greedy lending practices in Kenya
Fintech companies offering loans has led to an increase in greedy lending practices in Kenya, Central bank governor said on Tuesday, calling for the sector to …
Bad loans drops Standard Chartered Bank Kenya net profit to 10.5 percent
Bad loans and higher expenses drops Standard Chartered Bank Kenya net profit to 10.5 percent for the first quarter ended March. Standard Chartered Bank Kenya …
Bad debt and how to get out of debt in Kenya
Bad debt and how to get out of debt in Kenya may not be the easiest thing for most Kenyans. Kenyans are under increasing financial pressure due to high …
OKash loan app hits over Sh10 Million daily transactions
OKash loan app by Opera Group subsidiary Opay has hit over Sh10 Million transactions daily, only just two months after its launch. The mobile phone-based loan …
Helb Loan amounting to Sh8.2 Billion has not been paid
Help loan amounting to Sh8.2 Billion has not been paid, the government has now waived penalties for 82,000 Kenyans who have defaulted on the repayment of the …
Kenya syndicated loan of Sh64Billion now due for Payment
Kenya syndicated loan of $750 million it took in October 28th 2015 is now due for Payment as the maturity date was set for April 27, 2018. Principal Secretary …