Kenya: Family Bank's First Sh4 Billion Tranche of Sh10 Billion Bond Goes On Sale

7 October 2015

Family Bank's first Sh4 billion tranche of Sh10 billion shilling bond went on sale Monday as the bank looks to raise money to support lending and market diversification.

The bank's Managing Director Mr Peter Munyiri said the bond which will be up for sale for ten working days till October 21, will allow it to raise funding for the next five years up to the projected Sh10 billion.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.