日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Africa

Kenyan bank receives accreditation to fund green projects

By Edith Mutethya in Nairobi, Kenya | chinadaily.com.cn | Updated: 2020-11-13 10:54
Share
Share - WeChat
An ATM is seen in the banking hall at the Kenya Commercial Bank (KCB) Kencom branch in Nairobi, Kenya July 10, 2018. [Photo/Agencies]

Kenya Commercial Bank, the top bank in east Africa in terms of liquidity, growth, profitability and operational efficiency, according to the Banker's Top 1000 World Banks ranking for 2020, has been accredited as the first financial intermediary for the implementation of green financing in east Africa.

The accreditation by the United Nations Green Climate Fund paves way for the bank to receive funds from the Green Climate Fund for on-lending to beneficiary institutions involved in the development of green-climate resilient investment assets or projects in Kenya as well as in the region where the bank operates as the implementing entity.

The accreditation was announced during the 27th Green Climate Fund Board meeting held in South Korea's city of Songdo on Nov 9-13.

This followed an extensive due-diligence assessment conducted by Green Climate Fund since 2017 to ascertain the bank's preparedness in managing climate change programs.

The bank has been accredited under the medium to large private sector category, hence it's capable of fronting projects of between $50 million and $250 million.

"We are very proud of the efforts and investment we have put over the years to mainstream and entrench sustainable business that has earned us this recognition," Joshua Oigara, the CEO of Kenya Commercial Bank Group, said.

"It is a milestone for the bank and the country as it opens up investment and development of the green economy through Green Climate Fund support."

Oigara said the bank already has certain sectors that it's looking to invest in, aimed at reducing green gas emissions.

"However, the fund will generally enable us to fill the climate finance gaps in all the sectors of the economy. The accreditation gives us an opportunity to scale up a more global capability that we didn't have before," he said.

Ukur Yatani, the Treasury cabinet secretary, welcomed the development saying the accreditation underpins Kenya's position as a leader in green finance.

"Kenya Commercial Bank's accreditation now cements Kenya's strong leadership and prowess in green finance. It opens the private sector window for climate mitigation and adaptation projects and programs investments in the country," he said.

"It is a key milestone that the bank is the first locally established lender and private entity to be accredited as the direct access in the medium category to receive up to $250 million."

Kenya Commercial Bank Group has the largest branch network in the region with 360 branches, 1,090 ATMs and over 23,230 merchants and agents offering banking services across East Africa.

The bank has presence in Kenya, Tanzania, South Sudan, Uganda, Rwanda, Burundi and Ethiopia.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美日韩国产在线 | 日日摸夜夜添免费毛片小说 | 日韩精品www | 亚洲高清视频在线观看 | 男女爽爽无遮挡午夜动态图 | 日韩在线观看中文字幕 | 午夜丁香婷婷 | 久久受www免费人成看片 | 偷偷狠狠的日日高清完整视频 | 久久9999 | 五月婷婷久 | 牛票票全部晒票 | 日韩高清免费在线观看 | 日本久久网 | 色情女教师3波多野结衣 | a毛片久久免费观看 | 日本在线免费 | 日日a.v拍夜夜添久久免费 | 婷婷六月在线 | 色吧首页dvd | 天天色天天操天天射 | 欧美日韩精品一区二区三区蜜桃 | 成人夜间视频 | 二级黄的全免费视频 | 一国产一级淫片a免费播放口 | 日韩欧美片 | 欧美激情一区二区三级高清视频 | 亚洲福利片| 99久久99 | 精品国产理论在线观看不卡 | 99久久精品国产片久人 | 色综合久久98天天综合 | 亲爱的热爱的电视剧免费观看 | 国内精品一区二区 | 久久99热久久精品23 | 亚洲高清国产品国语在线观看 | 国产精品第一国产精品 | 色综合天天色综合 | 亚洲综合激情另类小说区 | 国产精品大片在线观看 | 国产精品久久久久久久一区探花 |