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Barclays allocates Sh30billion to Kenya's Small and Medium Enterprises

Barclays Bank Managing Director Jeremy Awori
Barclays Bank Managing Director Jeremy Awori

NAIROBI, KENYA: Barclays Bank has announced a Sh30billion war chest to lend to the Small and Medium Enterprises (SMEs), as the bank moves to tap into the market that has been dominated by micro lenders. 

The bank Tuesday said it had dropped some of the stringent requirements that lenders demand from the SME market.  

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