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Investors to benefit from PTA Bank deal
Dr Gondwe: Extending this facility to us is a mark of a healthy partnership between our European partners and ourselves Photo/FREDRICK ONYANGO
Small and medium sized enterprises are set to benefit from a Sh3.8 billion ($50 million) loan received by the PTA Bank from a consortium of lenders led by the International Development Bank of Netherlands (FMO).
PTA Bank will lend the money to SMEs seriously hurt by the credit squeeze that has lasted two years following the post-election violence and the global financial crisis of 2009.
