Home Business KCB boosts National Bank capital with Sh3 billion long-term loan

KCB boosts National Bank capital with Sh3 billion long-term loan

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Business Daily | by Victor Juma


KCB Group has given the National Bank of Kenya a Sh3 billion long-term loan to help the subsidiary meet minimum capital requirements. The Nairobi Securities Exchange-listed firm made the disclosure in its latest annual report.

“In Kenya, the group injected Sh5 billion into National Bank of Kenya, the subsidiary the group acquired in 2019…

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