KENYA BANKERS ASSOCIATION
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The Kenya Bankers Association (KBA) is the Kenyan financial sector's leading advocacy group and the umbrella body of the institutions licensed and regulated by the Central Bank of Kenya (CBK). Currently the KBA has 47 financial institution members. The KBA aims to reinforce a reputable and professional banking sector in a bid to best support Kenyans who entrust their resources with its member banks.
What is our funding objective?
This project aims to support the Kenya Bankers Association (KBA) and Nairobi Securities Exchange (NSE), in collaboration with the Climate Bond Initiative (CBI), in the design and implementation of a comprehensive Green Bond market development program.
Why do we fund this investment?
This program would accelerate the take-up of green bonds as a tool for Kenya to tap into international and domestic capital markets to finance green projects and assets. It would also allow domestic banks and corporates to better deliver green investments such as renewable energy, low-carbon transport, water infrastructure, and sustainable agriculture in Kenya.
More investments
| Date | Total FMO financing |
|---|---|
| 6/19/2019 | EUR 0.06 MLN |
- Website customer/investment
- http://www.kba.co.ke
- Region
- Africa
- Country
- Kenya
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 9/5/2017
- End date
- 10/13/2021
- Total FMO financing
- EUR 0.33 MLN
- Funding
- ForeignAffairs - CD