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KCB more than doubles green loans as race for climate finance hots up

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KCB advanced Sh53.2 billion in 2024 to different customers undertaking diverse projects, up from Sh22.1 billion in 2023. [File, Standard]

KCB Group more than doubled green loans disbursed in 2024, emerging among the front runners in the race among banks to green up their loan portfolios.

The lender advanced Sh53.2 billion in the period to December 2024 to different customers undertaking diverse projects, up from Sh22.1 billion in 2023, a growth of 140 per cent.

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