Diamond Trust Bank (DTB) has secured a $75 million (Sh7.56 billion) loan deal with the African Development Bank (AfDB) at undisclosed interest rates for onward lending to SMEs and boost its capital.
The seven-year credit deal comprises $50 million (Sh5.04 billion) line of credit for onward lending to small and medium-sized enterprises and $25 million (Sh2.52 billion) subordinated loan to boost its tier-two capital.
