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Originally published by The Standard Business
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July 28, 2026
3h ago

Sh12.9b facility pact to boost SME lending

Sh12.9b facility pact to boost SME lending

KCB Bank Kenya has signed a $100 million (Sh12.9 billion) financing facility with the European Bank for Reconstruction and Development to expand credit access for MSMEs..

✨ Key Highlights

KCB Bank Kenya has secured a $100 million (Sh12.9 billion) financing facility from the European Bank for Reconstruction and Development (EBRD) to boost lending to micro, small, and medium-sized enterprises (MSMEs) in Kenya.

  • The pact represents the EBRD's first investment in Kenya's financial sector since it began operations in the country last year.
  • 35 percent of the facility is earmarked for women and youth-led enterprises, with 30 percent allocated for green investments.
  • This partnership aims to address a significant financing gap for Kenyan SMEs, which are crucial for job creation.

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