Credit Bank sets aside Sh1bn for SME financing in 2026

The lender said the funding will be channeled towards businesses across different sectors, providing access to trade finance, working capital, asset financing and payment solutions as SMEs continue to play a significant role in Kenya's economy. Kenya breaking news | Kenya news to..

✨ Key Highlights

Credit Bank has announced plans to set aside Sh1 billion by 2026 to finance micro, small, and medium-sized enterprises (MSMEs) in Kenya, aiming to stimulate business growth and job creation.

Sh1 billion earmarked for MSME financing in 2026.
Key organization involved: Credit Bank.
The financing will offer trade finance, working capital, asset financing, and payment solutions to businesses across various sectors.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Related News

2w ago

Private sector calls for PAYE tax cut in Finance Bill 2026

Kenya's private sector is urging Parliament to approve a 5 per cent reduction in Pay as You Earn (PAYE) taxes as part of the Finance Bill 2026, citing potential economic benefits.

The Standard Business

📰 Read Full Story

top2w ago

MPs call for prioritisation, sustainable financing in 2026/27 budget talks

Kenya's Budget and Appropriations Committee is urging for enhanced fiscal discipline and better prioritization in the 2026/27 budget talks. The committee highlighted concerns about fragmented funding and inefficiencies across government sectors.

KBC Top Stories

📰 Read Full Story