In January 2014 OeEB and Chase Bank Kenya Limited signed a loan agreement of EUR 10 million for the financing of small and medium enterprises (SME) in Kenya.
Project name | Chase Bank Kenya |
Region | Sub-Saharan Africa |
Sector | Financial sector / Microfinance / SME |
Service | Investment Finance |
Project country | Kenya |
OeEB project volume | EUR 10 million |
Projekt partner(s) | Chase Bank (Kenya) Limited |
OeEB’s credit line facilitates SMEs’ access to finance, which contributes to the economic growth of the country as well as to creating and securing jobs.
In its financing activities, Chase Bank focuses on small and medium-sized enterprises in the retail, tourism, health, food and agricultural sectors.