Home Business Local investors buy Sh11bn more KCB stake

Local investors buy Sh11bn more KCB stake

Share


Business Daily | by Patrick Alushula


Local investors have bought additional Sh10.99 billion KCB stake since Covid-19 struck last March, tightening their grip on Kenya’s largest lender in the wake of foreign investor exits.

Latest regulatory filings show that local individual and institutional investors such as pension funds have added 245.742 million shares or 7.65 percent stake between…

Read more…

 


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version