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Traders at Soko Mjinga market in Nyeri.[File, Standard]

Credit Bank has set aside Sh1 billion in 2026 to support the growth of small and medium-sized enterprises (SMEs) across Kenya, helping businesses expand, create jobs, and contribute to economic development.

This comes at a time when the government is banking on the private sector to drive economic growth, with SMEs remaining among the country‘s biggest employers and a key source of livelihoods for millions of Kenyans.

The Sh1 billion financing is part of the lender‘s broader approach to supporting SMEs, providing businesses with access to funding alongside trade finance, insurance, investment, payment, and transactional banking solutions that support growth. “SMEs are the backbone of Kenya‘s economy. Our role goes beyond providing financing. We work alongside business owners as they navigate growth, manage cash flow, and respond to changing market needs,” said Chief Manager Operations and Branches at Credit Bank Charles Kibara.