Co-op Bank taps Sh1bn loan to boost agriculture enterprise

Co-op Bank MD Gideon Muriuki. FILE PHOTO | NMG

Co-operative Bank of Kenya #ticker:COOP has received Sh1.1 billion ($10 million) loan from Luxembourg-based impact investment fund for on-lending to agribusinesses.

The lender said Thursday it had received the subordinated loan from eco business Fund and will extend the same to sustainable agribusinesses, such as those in the coffee and tea.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.