Kenya Commercial Bank Kenya (KCBK) is a subsidiary of the holding of KCB Group (KCBG), the largest banking group in east Africa and leading the market in terms of branch network (360), assets (around USD 9 bn) and customer base (around 22.8 M) with presence in 7 countries: Kenya (HQ), Tanzania, South Sudan, Uganda, Rwanda, Burundi & Ethiopia (representative office).
KCB Kenya is seeking to enlarge its MSME portfolio and to build on its existing support for clean energy, green buildings, and climate-smart agribusinesses projects, helping Kenya meet its climate targets.
The transaction is part of a $150m syndication by IFC, together with SANAD and Symbiotics.
The loan will help expand financing to unique market segments like women and youth-owned enterprises
Joshua Oigara, KCB Group Chief Executive Officer & Managing Director
Credit provision to MSMEs
Food security and rural development - Access to credit for rural/agricultural MSMEs and cooperatives
Promotion of gender equality: 2X eligible on three criteria (Leadership, Employment & Consumption)
KCB Kenya is seeking to enlarge its MSME portfolio and to build on its existing support for clean energy, green buildings, and climate-smart agribusinesses projects, helping Kenya meet its climate targets.
The transaction is part of a $150m syndication by IFC, together with SANAD and Symbiotics.
The loan will help expand financing to unique market segments like women and youth-owned enterprises
Joshua Oigara, KCB Group Chief Executive Officer & Managing Director
Credit provision to MSMEs
Food security and rural development - Access to credit for rural/agricultural MSMEs and cooperatives
Promotion of gender equality: 2X eligible on three criteria (Leadership, Employment & Consumption)
Location: Canada, Quebec, Montreal
Investors 1
| Date | Name | Website |
| - | Belgian In... | bio-invest... |
Mentions in press and media 11
| Date | Title | Description |
| 15.10.2024 | Verve hits 70 million payment cards in Nigeria, consolidates market leadership. | Lagos, Nigeria, 15 October, 2024: Verve International, Africa’s 1st and largest domestic payments scheme, and an emerging reference-point in the burgeoning realm of domestic payment schemes globally, has again announced another remarkable n... |
| 23.05.2024 | 2 climbers die on Mount Everest, 3 still missing on world's highest mountain: "It is a sad day" | A Kenyan and a Nepali climber have died close to Mount Everest's summit, tourism officials said Thursday, taking this season's toll on the world's highest mountain to at least four. Three mountaineers, including the Kenyan climber's guide, ... |
| 21.03.2024 | Access Bank values NBK at around $100 million as it continues East Africa expansion | On Wednesday afternoon, Access Bank confirmed it had agreed to acquire the National Bank of Kenya (NBK) after unconfirmed reports had teased the transaction for weeks. One of the big questions about the transaction—which is still subject to... |
| 27.07.2022 | How Taimba’s farm-to-retail marketplace, logistics, cold chain & fintech platform is fighting food waste | Kenyan B2B agritech startup Taimba is out to help smallholder farmers find markets for their produce by connecting them directly to retailers. It sources fresh agricultural produce with short shelf lives, from rural farmers who often lack p... |
| 05.05.2021 | KCB GROUP PLC KCB : AGM Notice | KCB GROUP PLC (Incorporated in Kenya under the Companies Act, 2015, Laws of Kenya) (Registration Number C 9/88) NOTICE OF THE 50TH ANNUAL GENERAL MEETING Notice is hereby given that the 50th Annual General Meeting of the shareholders of KCB... |
| 01.02.2021 | Ukheshe And KCB In Deal To Boost East African Payment Services | wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /home/r8qkakm4wchc/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-er... |
| 01.02.2021 | Ukheshe And KCB In Deal To Boost East African Payment Services | wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /var/web/site/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-error) ... |
| 01.02.2021 | Ukheshe And KCB In Deal To Boost East African Payment Services | wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /home/r8qkakm4wchc/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-er... |
| 11.11.2020 | KCB : Press Release- Q3 2020 Financial Results | KCB Group Plc Kencom House P. O. Box 48400 - 00100 Nairobi, Kenya Tel: +254 20 3270000 / 2851000 / 2852000 Mobile: +254 711 012 000 / 734 108 200 SMS: 22522 Email: contactus@kcbgroup.com Press Release November 11, 2020 KCB Group Plc Reports... |
| 26.05.2020 | Kenya’s Mesozi Group nets $350k for its MarketForce 360 retail platform | Kenyan tech company the Mesozi Group has landed a $350 000 investment to fund the expansion of its retail tech platform MarketForce 360. The investment came from Viktoria Business Angels Network (VBAN), Growing Africa Capital and a number ... |
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