Tag archives: Credit Reference Bureau

Malawi men top in accessing financial services: Central Region lead in loan default – CRB

By Nyasa Times Reporter

Most Malawian men do individually access  financial loans from lending institutions comparing to women who have been blamed for spending their income on beauty and clothes, an official report has revealed. A report by one of Credit Reference Bureaus (CRBs) in the country, Credit Data CRB Limited that coincided with 100 days of official credit bureau services […]

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Parliament gets tough on Malawi banks, amends CRB Act

By Nyasa Times Reporter

Parliament on Tuesday afternoon endorsed the amendments to the Credit Reference Bureau Act, the development which will not go down well with the country’s commercial banks. Lately there have been complaints by Credit Reference Bureaus (CRBs) that most commercial banks were reluctant to cooperate in submitting information despite the enactment of Act in 2010. And […]

Read full story — Parliament gets tough on Malawi banks, amends CRB Act