European Bank for Reconstruction and Development - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

KCB secures Ksh12.9bn EBRD funding for SME lending

Sacco ReviewJuly 30, 202604 mins

KCB Bank Kenya has secured Ksh12.9 billion (US$100 million) from the European Bank for Reconstruction and Development to expand MSME lending. Women and youth owned businesses will receive 35 per cent of the funding, while 30 per cent will support green investments. The facility will also provide technical assistance to strengthen KCB’s green financing and…