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KMRC meaning in Business ?

Answer» What is Kenya Mortgage Refinance Company mean?

Kenya Mortgage Refinance Company Plc (KMRC), is a financial services company in Kenya, that specializes in lending to other financial institutions in the country, for onward lending in form of mortgages. In addition, KMRC buys good mortgages from other lenders to make more money available to banks for onward lending to eligible homeowners. It also plans to "invest in government debt securities or other guaranteed debt".

reference
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Knowledge Media Research Center Academic & Science
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