CRDB Bank, Afreximbank sign strategic deal for $115 million facility
CRDB Bank Group CEO and Managing Director, Abdulmajid Nsekela (right) and Afrexim Bank’s Executive Vice President, Kanayo Awami sign a $115 million MOU in Cairo, Egypt yesterday. Witnessing are senior officials from the two companies. PHOTO | THE CITIZEN CORRESPONDENT
One month ago, CRDB Bank entered into a $150 million facility agreement with Intesa Sanpaolo and Investec Bank to bolster its funding capabilities in the SME sector. It has also collected Sh171.82 billion from the sale of its Green Bond.
