Co-op Bank gets Sh15.2bn IFC loan for small firms

A Co-operative Bank banking hall. FILE PHOTO | NMG

Co-operative Bank is set to take a $150 million (Sh15.2 billion) seven-year loan from the International Finance Corporation (IFC) for onward lending to small firms.

The global lender, part of the World Bank Group, disclosed the proposed loan to the Nairobi Securities Exchange-listed firm on Monday.

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