DIAMOND TRUST BANK LOC I


Overview

  • Reference: P-KE-HAB-022
  • Approval date: 18/11/2016
  • Start date: 18/11/2017
  • Appraisal Date: 09/08/2016
  • Status: ApprovedAPVD
  • Implementing Agency: Diamond Trust Bank
  • Location: KENYA

Description

A multi-sector senior Line of Credit ("LoC") to support the lending activities of Diamond Trust Bank Kenya Limited ("DTB") to Small and Medium-sized Enterprises ("SMEs") and corporate customers in transformational sectors of the economy in Kenya and a Sub-debt of up to USD 25million to support its expansion strategy.


Key contacts

MACHARIA Julius Karuga - PIFD1


Costs

Finance source Amount
ADBUSD 75,000,000
DeltaUSD 31,881,000
TotalUSD 106,881,000