NCBA plans carbon credit venture as the world embrace eco-business

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NCBA branch in Nairobi. FILE PHOTO | NMG

NCBA Group plans to venture into carbon credit banking and financing green conversion of buildings, saying the two environmentally sustainable ventures are key for revenue growth.

In August, the Nairobi Securities Exchange-listed lender began offering asset finance for electric vehicles (EVs) as part of its green strategy, injecting an initial Sh2 billion into the segment.

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