Kenya banking Archives – CEO East Africa

Nigeria’s Zenith Bank Acquires Kenya’s Paramount Bank as Profits Hit ₦1.04 Trillion

Paul MurungiBanking & Financial Services The Big StoryApril 9, 2026

Nigeria’s Zenith Bank Plc has acquired 100 percent shareholding of Kenya’s Paramount Bank Limited, marking a significant expansion of the West African lender into East Africa’s banking sector. The Central…

Standard Chartered Kenya Targets Nakumatt Properties in $14.3 Million Debt Recovery Battle

Paul MurungiBanking & Financial Services Business & Markets The Big StoryMarch 6, 2026March 6, 2026

Standard Chartered Bank Kenya has issued a statutory notice to Nakumatt Investments, paving the way for the possible auction of several properties linked to the collapsed supermarket chain over loan…

From Three Transactions to a Banking Stake: How PesaPal’s 16-Year Grind Earned KCB’s Fintech Bet

Paul MurungiThe Big StoryNovember 4, 2025November 4, 2025

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…

Nigeria’s Access Bank fully acquires KCB Group’s National Bank of Kenya for KShs 14.2 billion

Paul MurungiBanking & Financial Services The Big StoryOctober 28, 2025October 28, 2025

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…