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Cooperative Bank secures KES 10.7 billion loan

06 January 2016, 19:05

Nairobi - Cooperative Bank has secured long-term financing facility with the International Finance Corporation (IFC) amounting to USD 105 million (KES 10.7 billion).

The bank will apply proceeds to of the facility mainly to finance export-oriented enterprises and other institutions who need financing support in foreign exchange.

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- Reuters


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