Small Business Loans Up: SBA
Loans ranging from under $ 100,000 to $ 1 million experienced small increases in the fourth quarter, the SBA said Tuesday. Among the depository lending community, the larger institutions of $ 1 billion or more helped offset the declines in lending by the …
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REUTERS SUMMIT-Kenya Commercial Bank targets SMEs to lift returns
Currently, around 40 percent of Kenya Commercial Bank's (KCB) lending business is focused on major companies, 30 percent on personal loans and 15 percent on mortgages, with the remainder going to SMEs. "What we want to enhance is our SME …
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