Coop bank gets financial boost from IFC
06 December 2012, 12:58
Nairobi - An international financial institution has advanced Co-operative Bank a KES 5.1 billion loan to boost its lending kitty.
Daily Nation reports that the loan agreement between the bank and the International Financial Corporation was signed on Wednesday at Coop Bank headquarter in Nairobi.
IFC will also be extending an extra KES 425 million trade credit to the bank through its Global Trade Finance Programme.
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