[Source: Business Daily, by Constant Munda]
Diamond Trust Bank Kenya has become the second top-tier lender in less than a month to secure Sh5.41 billion ($50 million) from the World Bank Group’s private sector arm for onward lending to small and medium-sized businesses which have been hardest hit by economic woes as a result of the Covid-19 pandemic.
The International Finance Corporation (IFC) loan will enable Kenya’s eighth largest lender by assets to continue giving credit to small traders and companies…
