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Originally published by The Standard Business
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June 10, 2026
3h ago

Lender earmarks Sh1b to support SMEs growth

Lender earmarks Sh1b to support SMEs growth

Credit Bank has set aside Sh1 billion in 2026 to support the growth of SMEs across Kenya, helping businesses expand, create jobs, and contribute to economic development...

✨ Key Highlights

Credit Bank has pledged Sh1 billion by 2026 to bolster the growth of Kenyan SMEs, recognizing their critical role in job creation and economic development.

  • Sh1 billion allocated for SME growth support.
  • Credit Bank, a key lender, is providing the funding.
  • The support includes financial solutions and aims to help businesses like Xana Kenya expand, with Xana Kenya planning to grow to 400+ outlets nationwide.

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