Feasibility Study on the use of Credit Data to Inform Policy
CIS Kenya through assistance from FSD Kenya, commissioned a feasibility study to determine the potential of credit bureau data to inform banking supervision and economic policy. This is because a lot of data is uploaded to the credit reference bureau, which, if analysed would reveal information relevant to inform policy development. Further, the feasibility study sought to recommend a framework for undertaking analytical work using credit bureau data.
The scope of the study included:
- Considering the legal provisions covering credit information sharing and data analytics using credit bureau data
- Examining the existing Data Specifications Template and Data Transmission Rules to ascertain the scope of data available
- Considering the feasibility of carrying out analytical work using credit bureau data in Kenya.