Kenya’s CfC Stanbic signs bank-to-bank trade loan facility

Region:

Middle East & Africa

Jonathan Bell

Editor-in-chief

Kenyan-based CfC Stanbic Bank has signed a $160-million, two-year term loan facility. The funding raised will be used for general corporate purposes by the bank, including trade-related finance where CfC Stanbic Bank will onlend to clients involved in cross-border trade.

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