CREDIT REFERENCE BUREAU REGULATIONS, 2013
The Credit Reference Bureau Regulations, 2013 operationalise Section 31 of the Banking Act and Section 34 of the Microfinance Act. Through this Commercial and Microfinance Banks are mandated to submit both Positive and Negative information on the performance of the credit facilities extended to its customers. Download the CREDIT REFERENCE BUREAU REGULATIONS, 2013 …
THE MICROFINANCE (DEPOSIT- TAKING MICROFINANCE INSTITUTIONS) REGULATIONS, 2008
The Microfinance Regulations were released to operationalise the Microfinance Act (2006).The regulations prescribe how licensing of the Microfinance Institutions is to be conducted, how to provision, classification of credit facilities and many other on conducting the microfinance business. Download THE MICROFINANCE (DEPOSIT- TAKING MICROFINANCE INSTITUTIONS) REGULATIONS, 2008 …
CO-OPERATIVE SOCIETIES ACT
The Cooperative Act is the piece of legislation that governs the operations of the Cooperative Societies in Kenya. Download Co-operative Societies ACT …
Promotion of Sustainable Finance
Any person with a conservative perspective of CIS Kenya’s mandate would be forgiven for asking the question: How does CIS Kenya harmonize its traditional role of developing a credit information sharing system with its new leadership role of promoting Sustainable Finance among non-banking institutions in Kenya? The answer lies in the recognition that our membership requires a more comprehensive view of the risks that confront them. There is no doubt that information asymmetry threatens the quality of the loan book. The solutions that credit bureaus offer by providing credit bureau reports, scores and other products are largely used to mitigate …