I&M lends Sh1.8bn to German companies

Signage of an I&M Bank branch on Kenyatta Avenue, Nairobi. FILE PHOTO | FRANCIS NDERITU | NMG

I&M Bank has lent a cumulative $16 million (Sh1.8 billion) to German businesses over the past five years, representing its funding of the multinationals and their partners in the local and regional market.

The bank’s German Desk was formed through a partnership with German state-owned fund DEG.

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