Muriuki owns a two-percent stake in the leading financial services group, totaling 102,528,400 shares.
Muriuki owns a two-percent stake in the group.
The new shares represent a significant increase in his portfolio.
The facility will be used to provide capital and long-term local currency loans to businesses hit by COVID-19.
Muriuki is the CEO of Co-operative Bank Group, one of the largest financial institutions in East Africa.
The International Finance Corporation has partnered with Gideon Muriuki's Co-operative Bank and Philips in a $300-million deal to fund small- and medium-sized businesses in the fight...