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KCB Kenya B2T2

Sector: Raw Materials • Location: Kenya

Source: International Finance Corporation (IFC)

Project
Active

The project consists of an investment of up to US$150 million in KCB Bank Kenya Limited (“KCBK” or the “Bank”). The investment will be in the form of a Basel 2 Tier 2 qualifying subordinated loan to enhance the Bank’s capital position. The proceeds will support the growth of the Bank’s sustainable climate finance portfolio and scale-up lending to micro, small and medium enterprises (“MSMEs”), incl

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Project Information

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The project “KCB Kenya B2T2” is an infrastructure initiative in the Raw Materials sector, located in Kenya. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Status

Original status

active

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project consists of an investment of up to US$150 million in KCB Bank Kenya Limited (“KCBK” or the “Bank”). The investment will be in the form of a Basel 2 Tier 2 qualifying subordinated loan to enhance the Bank’s capital position. The proceeds will support the growth of the Bank’s sustainable climate finance portfolio and scale-up lending to micro, small and medium enterprises (“MSMEs”), including women-owned SMEs (“WSMEs”).

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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