The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
There are currently three registered CRBs in Kenya - Transunion, Credit info, and Metropol. [iStockphoto]
Most members of the public believe that Credit Reference Bureaus (CRBs) are institutions that blacklist and prevent them from accessing loans.
For starters, CRBs are non-State entities regulated by the Central Bank. They were introduced in 2010 to collect and share information on borrowers, helping lenders make well-informed decisions before issuing a loan.
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