StanChart sees climate action as key to cheaper loans

Standard Chartered Bank Kenya chief executive Kariuki Ngari. PHOTO | DIANA NGILA | NMG

Standard Chartered Bank Kenya plans to increase lending to climate-friendly investments amid the transition to low carbon practices. 

The lender has said it will offer cheaper credit to customers to adopt cleaner technologies and modernise business operations as the world races to net-zero carbon emissions. 

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