However, with the introduction of full file credit information sharing, CRBs are now well positioned to introduce value add products such as credit scoring that will not only propel their success but will contribute to the development of the financial sector; especially the dynamic and changing profile of collateral technology and pricing credit in our financial market.
As you are aware, a high level Committee was established under the leadership of the Cabinet Secretary to the National Treasury in January 2014 to explore ways of increasing private sector credit and mortgage finance in Kenya.