• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Wednesday, October 29, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Corporate News

Equity Bank Rolls Out Kes 75 Billion Financing for SMEs

Leah Wamugu by Leah Wamugu
in Corporate News
Reading Time: 1 min read
A A
0
Equity Group CEO Dr James Mwangi

Equity Group Holdings CEO & MD, Dr James Mwangii

Share on FacebookShare on Twitter

Equity Bank has announced plans to lend Kes 75 billion to Small and Medium Enterprises (SMEs) at concessionary terms, at 13% interest for a period of five years. The funds include grants and technical assistance to train small businesses in a project that has already seen the lender reach out to 2.2 million SMEs.

RELATED POSTS

Limuru Tea Appoints New Directors Effective October 15, 2025

Family Bank Gets Shareholder Nod for Landmark NSE Listing in 2026

EABL Rolls Out KES 20 Billion Debt Program to Boost Corporate Growth

This comes after Equity Bank secured a mix of guarantees and cheap long-term loans amounting to Kes 35 billion from several development finance institutions, including FMO, AfDB (African Development Bank), Exim Bank of Egypt and Development Finance Institution (DFI)

According to Chief Executive Officer James Mwangi, the bank’s partnership with MasterCard saw the foundation inject $100 million. In comparison, Propaco pumped $100 million, International Finance Corporation (IFC) injected $50 million, and German development bank-KFW pumped $100 million.

Meanwhile, the European Union and the EIB (European Investment Bank) are providing Kes 15.8 billion of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis.

The financing package will support finance access at appropriate conditions for Kenyan SMEs, including in the agriculture sector, through €100 million loans from the European Investment Bank to Equity Bank and €20 million of European Union (EU) grant support.

Read also; Equity Group Sets Up Regional Office for Southern and Central Africa.

Eunniah Mbabazi of the Kenyanwallstreet contributed to this post
Post Views: 1,033
Buy JNews
ADVERTISEMENT
Tags: Equity BankJames Mwangispotlight
Previous Post

Oil Prices Rise as Market Anticipates OPEC+ Meeting

Next Post

Bitcoin Climbs Back to $50K as Ether Gains Momentum

Leah Wamugu

Leah Wamugu

Related Posts

Limuru Tea Appoints New Directors Effective October 15, 2025
Corporate News

Limuru Tea Appoints New Directors Effective October 15, 2025

by Ruth Nelima
Family Bank
Corporate News

Family Bank Gets Shareholder Nod for Landmark NSE Listing in 2026

by Ivan Lewa
EABL CEO KARUKU
Corporate News

EABL Rolls Out KES 20 Billion Debt Program to Boost Corporate Growth

by Ivan Lewa
WPP ScanGroup Plc Appoints New CEO effective 17th November 2025
Corporate News

WPP ScanGroup Plc Appoints New CEO effective 17th November 2025

by Ruth Nelima
Next Post
Bitcoin

Bitcoin Climbs Back to $50K as Ether Gains Momentum

Asia Trader

Asian Markets Slip as Tech Stocks Record Sharp Decline

NSE Market Report

Markets Report; 04 March, 2021

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,345)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,456)
  • Hilda Njeru Takes over at CDSC (2,307)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (2,293)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (2,030)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average European Stock Markets Global Economy Global Markets Gold Hang Seng Index Investing in Kenya Jakarta Stock Exchange Kenya Bankers Association Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Sacco Regulator Licenses New SACCOs as Industry Assets Surge Past KES 1 Trillion

Sacco Regulator Licenses New SACCOs as Industry Assets Surge Past KES 1 Trillion

Safaricom

Meta, Safaricom Accelerate Kenya’s Digital Transformation With 9th Submarine Cable

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$461.00  0.10%  
GME 
$23.36  0.24%  
MSFT 
$540.70  0.25%  
AAPL 
$270.11  0.41%  
AMC 
$2.67  2.02%  
ABNB 
$126.31  1.33%  
GOOGL 
$275.16  2.88%  
AMZN 
$230.24  0.43%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?