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Originally published by Techish Kenya
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October 7, 2025
8h ago

KCB Group Doubles Down on Green Finance with $578 Billion Loan Screening Program

KCB Group Doubles Down on Green Finance with $578 Billion Loan Screening Program

KCB Group screened KShs 578.3 billion loans for climate risks, disbursed KShs 53.2 billion in green financing, revolutionizing East African banking...

✨ Key Highlights

KCB Group, East Africa's largest commercial bank, is significantly reorienting its operations to prioritize climate action and sustainable development, screening an astounding KES 578.3 billion in loans for environmental and social risks in 2024. This strategic shift includes embedding environmental and social governance into its core operations and risk management frameworks.

  • KCB Group disbursed KES 53.2 billion in green loans last year, increasing its green-tagged lending from 15% in 2023 to 21.32%.
  • The bank aims to reach 25% green-tagged lending by 2025, channeling funds into renewable energy, e-mobility, and the blue economy.
  • KCB has designated climate-related risk as a principal risk, and Deloitte is independently auditing its forward-looking approach, a first for a Kenyan financial institution.

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