CRDB Bank has raised $200 million in its latest syndicated loan facility after international lenders committed a record $567 million, more than double the targeted amount. The loan CRDB’s fourth since 2022 was co-arranged by Investec Bank and Intesa Sanpaolo. Initially structured as a two-year $100 million facility, it was upsized to $200 million following overwhelming interest from investors. Boost for regional growthCRDB Bank Group CEO Abdulmajid Nsekela said the oversubscription highlights confidence in both the bank and Africa’s long-term growth prospects. Since its first syndication in 2022, CRDB has steadily grown facility sizes from $130 million to $200 million, representing a compound annual growth rate of 15.44 percent.