Reported 2 days ago
Access Bank has finalized its acquisition of the National Bank of Kenya (NBK) from KCB Group, gaining 100% ownership after obtaining necessary regulatory approvals. As a fully owned subsidiary, NBK will maintain operational independence during the integration process, which aims to expand Access Bank's presence in East Africa and enhance its banking services. The transition will focus on aligning operations and product offerings as both banks work towards functioning as a unified entity.
Source: YAHOO