NCBA Bank lends Sh1.3 billion to a Mauritian real estate company

NCBA House in Upper Hill, Nairobi. PHOTO | NMG

NCBA Bank Kenya lent $10.7 million (Sh1.3 billion) to Mauritius-based real estate firm Grit Services Limited in the year ended June, becoming the second bank to fund the property investor.

Grit Services Limited is the main subsidiary of Grit Real Estate Income Group which disclosed details of its global borrowing in its latest financial results.

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