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General Category => Africa => kenya => Topic started by: Akeyo on August 12, 2024, 11:46:44 PM

Title: Stanbic taps Sh5.2bn loan from DEG for capital boost
Post by: Akeyo on August 12, 2024, 11:46:44 PM
Stanbic taps Sh5.2bn loan from DEG for capital boost

The latest loan is double the nine-year $20 million (Sh2.59 billion) subordinate debt that DEG, a subsidiary of KfW Group, lent to Stanbic Holdings in January 2019.
Source: Stanbic taps Sh5.2bn loan from DEG for capital boost (https://www.businessdailyafrica.com/bd/corporate/companies/stanbic-taps-sh5-2bn-loan-from-deg-for-capital-boost-4722292)
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