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Originally published by Capital Business
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business
July 29, 2026
1mo ago

KCB gets Sh12.9bn from EU Bank for SME lending

KCB gets Sh12.9bn from EU Bank for SME lending

Under the facility, 35 percent of the funding will be directed to women and youth-led enterprises, while 30 percent will finance eligible green investments...

✨ Key Highlights

KCB Bank Kenya has secured a significant financing facility of Sh12.9 billion from the European Bank for Reconstruction and Development (EBRD).

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Part of the Day's Coverage

Hustler Fund Disbursements Hit Sh90bn as Repeat Borrowing Rises - July 2026

The Hustler Fund has disbursed Sh90 billion to over 28 million borrowers since its inception, marking a significant milestone in Kenya's microfinance landscape. At the same time, KCB received Sh12.9 billion from the European Investment Bank for SME lending, expanding access to credit for small and medium enterprises. Meanwhile, China has approved Standard Bank Group to operate Africa's first Renminbi clearing hub, facilitating trade and payments between China and African nations.

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