NewzKCB Bank Kenya has secured Sh12.9 billion in funding from the European Bank for Reconstruction and Development (EBRD). This capital injection is designated to expand the bank’s lending capacity for micro, small, and medium enterprises (MSMEs) across the country.
The funding initiative prioritizes specific segments of the business sector, with a particular focus on supporting women-owned and youth-led enterprises. Additionally, the agreement emphasizes the promotion of green investments, aligning the financial support with broader sustainability goals.
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