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IFC is moving from on-lending with local financial institutions to competing directly with Kenyan based banks for SME business. (more…)
Seventy per cent of the Sh1.25bn World Bank loans extended to Kenya for the development of the MSME's remains unutilised. (more…)
#bank#management#smes
Kenya Commercial Bank has joined the Global Trade Finance Programme as an issuing Bank following the signing of a shillings1.6bn…
#bank#emerging markets#guarantees
Financial institutions are giving a serious look at the SME segment. Competition has heated up with Standard Chartered, Barclays, NIC…
Standard Chartered Bank has launched two products to support the Small Medium Enterprise (SME) sector (more…)
#bank#conference#exporters
Fina Bank has received euros 3m (Sh270m) from Netherlands Development Finance Company (FMO) to lend to customers running (more…)
In order to expand East African Development Bank's (EADB's) trade finance operations, the bank plans to (more…)
#African Development Bank#bank#international
The European Investment bank (EIB) is planning to provide commercial banks with new credit lines to fund small and micro…
#bank#guarantee#guarantee scheme
The African Development Bank (ADB) and the International Labour Organisation, have launched a programme to support... (more…)
#ADB#African Development Bank#bank
ATI, Africa's only multilateral export credit agency, has issued its first credit insurance policy (more…)
The Export Promotion Council has received a Sh912m (US$11.8m) grant from the United States International Development (USaid) to assist Kenyan…
The Kenya Industrial Development Bank (IDB) is negotiating for US$25m credit lines from two foreign-based financial institutions. IDB, which said…
#bank#Boost#Exim Bank
The Cabinet has approved the much-awaited Micro Finance Bill that will offer a legal framework to players in the sub-sector.…