In total, KCB Bank’s borrowings from development institutions stood at Sh72.4 billion in March, up from Sh67.5 billion a year earlier.
By
Charles Mwaniki
Business Reporter
Nation Media Group
The International Finance Corporation (IFC) is set to loan Kenya Commercial Bank (KCB) Kenya Sh19.4 billion ($150 million) for onward lending to small enterprises and to enhance its capital base, new disclosures by the World Bank affiliate show.
IFC said the project seeks to expand lending to higher-risk and underserved borrowers in Kenya, helping unlock more…
KCB Bank Kenya has signed a $100 million (Sh12.9 billion) financing facility with the European Bank for Reconstruction and…
Lack of access to collateral is cited as the main hindrance to women and youth getting credit from banks.
The Kenya Development Corporation has unveiled financing programmes worth more than Sh18.5 billion and over Sh51.8 billion aimed…
NMB Bank Plc has signed two strategic financing agreements worth a combined $180 million (over Sh450 billion) with International…
NMB Bank Plc has signed two strategic financing agreements worth a combined $180 million (over Sh450 billion) with International…
