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CBK boss: 'Blocked' digital lenders withheld info

CBK Governor Patrick Njoroge. [Wilberforce Okwiri, Standard]

The Central Bank of Kenya (CBK) now says firms left out of the list of approved digital lenders failed to fully comply with new licensing rules and risk being locked out completely.

CBK Governor Patrick Njoroge revealed that most of the players that failed to get clearance were not forthcoming with crucial details of their operations.

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