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Sessional Paper No. 01 of 1998 on Government Take Over of Servicing of Outstanding Loans Covered Under the Exchange Risk Assumption Fund Amounting to an Equivalent of Ksh. 736,959,824 from Industrial Development Bank
(Government of Kenya, 1998)
The ERAF scheme was set up by the Government under Legal Notice No. 14 of 29th
January, 1991. The purpose of this fund was to absorb losses incurred on loans
extended to projects by IDB, among other development financial ...
Sessional Paper No. 07 of 1986 on Kenya Government Guarantee of a Loan to the Industrial Development Bank Limited from African Development Bank
(Ministry of Finance, 1986)
The Industrial Development Bank (IDB) was established at the initiative of the Government in January, 1978 to promote and stimulate industrial development of Kenya by providing medium and long-term loan finance and ...