CBK Approves 12-month Moratorium on Loans Below KSh5 Mn

Borrowers defaulting on loans of less than KSh5 million will not be blacklisted at the credit reference bureaus (CRBs) the Central Bank of Kenya (CBK) announced Monday. This is part of President Uhuru Kenyatta’s stimulus package announced to provide relief to struggling Micro, Small, and Medium Enterprises (MSMEs). The moratorium applies to loans below Ksh.5 … Continue reading CBK Approves 12-month Moratorium on Loans Below KSh5 Mn