×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Banks lock out more than 600,000 loan defaulters

CBK Governor Prof Njuguna Ndung’u.  Kenyans defaulting on loan repayment has been on a steady rise in hard economic times.

By NICHOLAS WAITATHU

Lenders in Kenya have blacklisted more than 600,000 loan defaulters in the last three years.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in