KCB Bank Kenya Secures US$100 Million EBRD Facility to Expand MSME Financing

KCB Bank Kenya has secured a US$100 million (KSh12.9 billion) financing facility from the European Bank for Reconstruction and Development (EBRD) to expand access to credit for micro, small and medium enterprises (MSMEs), strengthening its support for entrepreneurship, job creation and sustainable economic growth in Kenya. Under the financing framework, 35% of the facility will be allocated to women- and youth-led businesses, while 30% will support eligible green investments.