Standard Chartered mobilizes Sh97bn for sustainable finance in Kenya
According to the bank's 2025 Sustainability Progress Report, the funding has also supported financial inclusion initiatives, underscoring the banking sector's growing role in financing Kenya's climate and development goals...
✨ Key Highlights
Standard Chartered Bank Kenya has significantly mobilized over Sh97 billion in sustainable finance since 2021, channeling these funds into crucial sectors like renewable energy and affordable housing.
- Sh97 billion mobilized for sustainable finance since 2021.
- Key organization: Standard Chartered Bank Kenya.
- The bank is aligning its lending decisions with the Central Bank of Kenya’s Green Finance Taxonomy and Climate Risk Disclosure Framework.
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Standard Chartered Mobilizes Sh97bn for Sustainable Finance in Kenya - July 2026
Standard Chartered Bank Kenya has significantly mobilized over Sh97 billion in sustainable finance since 2021, channeling these funds into crucial sectors like renewable energy and affordable housing. The Agricultural Finance Corporation is introducing collateral-free lending to enhance financial inclusion for Kenyan farmers, aiming to boost the agricultural sector. Kenyan businesses face a significant hurdle in accessing affordable finance, with a substantial financing gap hindering their growth and the country's economic development. Separately, Kenyan entrepreneurs and businesses are increasingly turning to alternative finance options beyond traditional banks to secure capital for growth, addressing this significant financing gap.
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