05/11/2021

KCB to spend Sh6bn in buying Rwandan, Tanzanian banks

“The group has made an offer to the remaining shareholders of BPR for the acquisition of the remaining stock at the same terms as Atlas Mara's to raise its ownership to 100 percent,” KCB says in its latest annual report.

05/04/2021

Spire Bank crisis needs swift CBK intervention

To survive, Spire Bank requires additional capital to resume growing its lending book, and this can only happen through sale of the lender to credible strategic investors.

05/04/2021

Kenya’s I&M acquires orient bank

“The move underscores I&M Group’s commitment to its growth and expansion strategy in Eastern Africa, where Uganda was the missing link in the Group’s strategic effort to set up its presence in all East African countries,” says