KCB Kenya

Subsidy : July 2021 - July 2022

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

Sub-Saharan Africa: Kenya

Investment field

Financial Institutions

Activity

KK.64.190  Commercial banking

Organisation

KCB Kenya

Domicile

Kenya

More investments in

KCB Kenya

  • Subsidy € 42,512.20 (2022)
  • Debt € 18,040,180.40 (2020)

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

IFC, BIO, SANAD & Symbiotics Announce Loan to KCB Bank Kenya for Green Projects, SMEs

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.

Read more

View more of our investments in this region

Alterfin

Investment Companies & Funds

Alterfin

 21,500.00

  11/07/2023

  Subsidy

Metier Capital Growth Fund III

Investment Companies & Funds

Metier Capital Growth Fund III

6,000,000.00

  Ghana, Kenya, Nigeria, South Africa, Uganda

  30/06/2023

La Compagnie Cacaoyère du Bandama

Enterprises

La Compagnie Cacaoyère du Bandama

 38,513.00

  Côte d'Ivoire

  15/06/2023

  Subsidy

Spark + Africa Fund

Infrastructure

Spark + Africa Fund

350,000.00

  Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Rwanda, Senegal, Tanzania, Uganda

  01/06/2023

  Subsidy

Poa! Internet

Enterprises

Poa! Internet

 3,000,000.00

  Kenya

  08/05/2023

  Debt

Agri-Vie Fund II

Investment Companies & Funds

Agri-Vie Fund II

 200,000.00

  Kenya, South Africa, Uganda, Zambia

  21/03/2023

  Subsidy

Afrigreen Fund

Investment Companies & Funds

Afrigreen Fund

 10,000,000.00

  Cameroon, Côte d'Ivoire, Ghana, Mali, Nigeria, Senegal

  23/02/2023

  Equity

Agroserv Industrie SA

Enterprises

Agroserv Industrie SA

 43,924.00

  Burkina Faso

  14/02/2023

  Subsidy

candi solar

Infrastructure

candi solar

 6,180,468.00

  India, South Africa

  03/02/2023

  Debt