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Coca-Cola, Absa Bank ink SMEs credit score deal
Coca-Cola Beverages Africa Kenya Marketing Director Josephat Mwangi (right), ABSA Regional Corporate and Investment Banking Director James Agin (centre) and Amref Health Africa Country Director - Kenya Dr Meshack Ndirangu during the launch of Coca-Cola System Small Business Recovery at Nairobi Serena Hotel on October 8, 2020. PHOTO | DIANA NGILA | NMG
Soft drinks manufacturer Coca- Cola has opened its trading partners’ transactional financial data for use by listed lender Absa Bank Kenya #ticker:ABSA in disbursement of business continuity loans.
Under the campaign ‘Open Like Never Before’, Coca-Cola said this will be on top of a Sh125 million kitty to be spent on enhancing hygienic standards, training staff and equipping 18,000 eateries with the required masks and face shields, hand-washing jerrycans and sanitisers.
