KCB attracts $150 million for SMEs and the green economy

KCB attracts $150 million for SMEs and the green economy

IFC reiterated its support for the Kenyan bank, alongside several other lenders.

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            ▪ KCB attracts $150 million for SMEs and the green economy

▪ IFC reiterated its support for the Kenyan bank, alongside several other lenders.

https://www.africabusinessplus.com/en/807288/kcb-attracts-150-million-for-smes-and-the-green-economy/

The private sector investor wing of the World Bank initialled a check for $ 101.75 million for Kenya Commercial Bank (KCB). The Belgian BIO joined it with $22 million, plus two specialised investors. One is $15 million from the SANAD fund, initiated by the German KFW and supported by the Austrian EPOB and the Dutch FMO. The other is from Swiss microfinance specialist Symbiotics for $11.25 million.

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