Absa Bank Kenya received loans amounting to Sh3 billion from the Kenya Mortgage Refinance Company (KMRC) last year for onward lending to home buyers, disclosures from the listed bank show.
The Nairobi Securities Exchange-listed lender said the loan was obtained in two tranches, one for Sh2 billion with a 2035 maturity date and the other for Sh1 billion, maturing in 2031.
