Kenyan Wall Street | by Jackson Okoth
Small and medium-sized enterprises (SMEs) are becoming a favourite spot for lenders as each bank crafts a cash vault for this segment.
The latest commercial bank to enter the fray after Absa and KCB is Co-operative Bank of Kenya which has secured a $ 75 Million long term credit from the International Finance Corporation(IFC) to support small businesses onward lending to micro, small and medium enterprises (MSMEs).
Co-operative Bank MSME loan facility
The seven-year Co-operative Bank facility will benefit MSMEs undertaking climate-smart projects including agricultural inputs and…
