Kenya’s largest lender, KCB Group Plc, has taken a calculated leap into the fintech frontier with the acquisition of a minority stake in PesaPal Limited, a leading regional payments company…
Access Bank Plc has completed the acquisition of National Bank of Kenya (NBK) from KCB Group for USD 109.6 million (KShs 14.2 billion), closing a deal first announced in March…
Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is…
In a move that underscores the growing importance of Special Economic Zones (SEZs) in driving Africa’s industrialisation, KCB Group and the African Export-Import Bank (Afreximbank) have signed a landmark Memorandum…
Kenyan banking giant KCB Group, has appointed Paul Russo as its new chief executive officer. Russo will succeed Joshua Oigara, who has served as the bank’s topmost leader since 2013….
KCB Group has revealed plans to acquire a bank in Democratic Republic of Congo (DRC) in the next two years once it wraps up $40 million deals in Tanzania and…