Kenya: Credit Lent to SME Grows By 7% as Economy Adjusts to Repeal of Cap

14 February 2020

Nairobi — The amount of credit lent to Small and Medium-sized enterprises (SMES) by financial institutions rose by 7 percent in the last one month, even as the economy adjusts to the repeal of the interest rates cap late last year.

This is according to National treasury adviser Geoffrey Mwau who says the improvement is expected to continue throughout the year.

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