Frequently asked questions about open banking in Nigeria
FAQs

Frequently asked questions about open banking in Nigeria

This article compiles common questions that bankers, fintech leaders, compliance officers, and customers are asking about open banking.

A cultural view of loan defaults in Kenya
Industry Information

A cultural view of loan defaults in Kenya

Executive summary  From 2019 to 2024, Kenya experienced a steady rise in personal and consumer loan defaults, driven not just by economic challenges, but deeply rooted cultural behaviors, social expectations, and shifting attitudes towards debt. While formal banks, microfinance institutions, and mobile lenders expanded access to credit, repayment struggles mirrored longstanding cultural and communal dynamics. […]

What really happens when a business defaults on a loan?
Borrower information

What really happens when a business defaults on a loan?

Defaulting on a loan is a stressful milestone for any business owner, but understanding the timeline can help you navigate the fallout.