Equity gets Sh10.8bn for lending to SMEs

Equity gets Sh10.8bn for lending to SMEs

Equity Group has signed a Sh10.8 billion ($100 million) loan agreement with French development institution Proparco for onward lending to small and medium-sized enterprises (SMEs). The bank’s chief executive James Mwangi said the funds would be deployed to help Kenyan enterprises alleviate…

The Change and Rise in private households, manufacturing, and real estate Loans

The Change and Rise in private households, manufacturing, and real estate Loans

On the slowdown in private sector credit growth, which was largely due to factors in trade, manufacturing, real estate, and private households, the credit to private households, manufacturing, and real estate had picked up in March and April with the number of…