Stanbic Bank Kenya rolls out financial products to boost China-Africa trade

NAIROBI, May 10 (Xinhua) -- Stanbic Bank Kenya said on Friday that it is rolling out financial products that will help boost China-Africa trade.

Paul Mungai, head of trade and Africa China banking, told Xinhua in Nairobi, the capital of Kenya, that its supply chain finance solutions include letters of credit designed to reduce the cost of international trade transactions in the Sino-Africa trade.