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Choice Microfinance Bank in drive to raise Sh60 million for expansion

Central Bank of Kenya headquarters in Nairobi. PHOTO | FILE

Diaspora-backed Choice Microfinance Bank is set to raise Sh60 million by selling new shares to investors to enable it fund a planned nationwide expansion.

The Central Bank of Kenya licensed Choice Microfinance Bank (MFB) as a community microfinance bank in May last year allowing it to mobilise deposits and service Kajiado County.

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