Wednesday, August 10, 2011

Sh9.6bn for small and medium-size firms

Kenya Commercial Bank (KCB) has secured a Sh9.6 billion ($105 million) loan from the International Finance Corporation (IFC) to boost its lending to small and medium enterprises. The loan, repayable over seven years, will also go to improving the bank’s mortgage long-term lending to encourage Kenyans own homes READ ON: www.nation.co.ke/business/news/Bank secures Sh9 6bn to lend to small and medium size firms

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