KCB Kenya
BIO has granted EUR 28.2 K of technical assistance to KCB Kenya, a Kenyan commercial bank.
Amount
€ 28,200.00
Type of investment
Subsidy
Beneficiary locations
Investment field
Financial Institutions
Activity
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).
Technical assistance
The main objectives of the Programme are:
- Enhancement of Beneficiary’s existing E&S risk categorization process which informs the bank’s Environmental and Social Due Diligence and conveys the bank’s
understanding of the potential magnitude of the E&S risks and impacts of transactions proposed for financing - Development of training materials and train the Beneficiary staff (relationship managers, compliance managers, credit analysts and the trainers (the E&S champions) with respect to E&S, IFC Performance Standards, ...
Read impact and news about this project
News
IFC, BIO, SANAD & Symbiotics Announce Loan to KCB Bank Kenya for Green Projects, SMEs
16-03-2021
IFC, BIO, SANAD, and Symbiotics announced a loan to KCB Bank Kenya Ltd to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women.
View more of our investments in this region
Financial Institutions
BRAC International Finance
12,815,000.00
Liberia, Sierra Leone, Tanzania, Uganda
08/11/2024
Debt
