Kenya borrowed 1.06 billion Euros (Ksh139.5 billion) in June 2020 secretly from Belarusian and Canadian companies, meant for the construction…
Browsing: loans
10 percent of Kenyans are unable to service their loans at all while another 13.6 percent are falling significantly behind…
The number of defaulted loans is at a 13 year high, according to data from the Central Bank of Kenya.…
Kenyans with loans with the Kenya Commercial Bank amounting to more than Ksh120 billion have had their loans restructured to…
One of Kenya’s largest institutions of higher learning, Kenyatta University is seeking a Sh450 million loan from local lenders as…
Lenders, especially mobile loan apps are still advancing loans to defaulters who are listed with Credit Reference Bureaus (CRBs), a…
The treasury could lose Ksh823.7 billion, an amount loaned to 72 state state corporations which have been cash strapped. According…
Kenyan government has written to the World Bank requesting for a Ksh75 billion loan, in its escalating appetite for loans…
The National Assembly’s Justice and Legal Affairs approved a bill that will compel creditors to seize assets of defaulting borrowers…
The high court has given a nod to banks and other financial service providers to blacklist guarantors with Credit Reference…