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StanChart Kenya, BII Ink $100M Deal for Small Firms: EastAfrican

StanChart Kenya, BII Ink $100M Deal for Small Firms: EastAfrican

Bloomberg13 hours ago
Standard Chartered Bank Kenya Ltd. has signed a $100 million deal with British International Investment to support trade finance and working capital needs for micro, small, and medium-sized enterprises, The EastAfrican newspaper reported.
The partnership will enable risk sharing between the two companies, allowing them to increase lending to a segment of the market that is typically locked out of the much-needed access to trade finance solutions, the Nairobi-based newspaper said.
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ASX Penny Stocks With Market Caps Over A$600M

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