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Commercial bank, institutions enter Sh52b deal to fund SMEs

Equity bank CEO James Mwangi

Equity Bank Group has announced it has received commitments worth over Sh52 billion ($525 million) from different institutions as part of the just concluded Global Entrepreneurship Summit.

The billions will be loaned out to small and medium enterprises as well as youth and women as per the aspirations and objectives of Barack Obama-led GES initiative.

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