KCB Group targets to raise Sh100 billion by October 2026 as the first tranche of a five-year Sh300 billion medium-term note (MTN) programme, setting the stage for a significantly large capital mobilisation initiative if approved by regulators.
An MTN is a debt instrument used by corporations and financial institutions to raise capital. It usually matures in five to 10 years, offering a middle ground between short- and long-term debt.