×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

KCB pumps Sh120b to cushion oil companies, ease fuel prices

KCB Group CEO Paul Russo. [Boniface Okendo, Standard]

KCB Group has injected over Sh120b to support companies importing fuel after the government discontinued the fuel subsidy programme.

In a statement, KCB Group said the move is geared toward facilitating oil importation into the country by financing oil firms under its portfolio.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in