Nairobi writer on Banking, Finance, Technology, and Investments
Hope this spurs selling of Receivables on our markets.It should also get those of us who pay bills better rates.
BK,Are the bureaus state owned or private companies? What kind of model do they use?
pesa tu: Don't think we are ready for receivables market - the court system is too cumbersome and ties up bad debt cases forevertoiyoi: They are priavte companies. I believe they rely on bank's own models. i.e. banks determine what cases are bad (using CBK guidelines)
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