Reports say the IFC is offering technical advisory services to Equity Bank, an SME Finance Forum member, with the aim of helping the lender to better serve its base of small and medium-sized (SME) customers.

“This is a banking advisory services project with Equity Bank Kenya Ltd and is designed to increase Equity Bank efficiency to serve its SME customers,” IFC said in a statement.

“Equity Bank is well placed to deliver additional products and services to its SME customers given its country-wide coverage through a network of 177 branches and over 32,000 agents, and its innovative digital channels,” IFC said. Equity becomes the latest local bank to benefit from IFC’s technical advisory services.