Access Bank signs deal to purchase National Bank of Kenya


  • World
  • Thursday, 21 Mar 2024

NAIROBI, March 20 (Xinhua) -- Access Bank, a Nigerian-based pan-African financial institution, signed a binding agreement Wednesday to purchase the National Bank of Kenya from KCB Group.

Roosevelt Ogbonna, the managing director and chief executive officer (CEO) of Access Bank, said that the transaction represents an important milestone for the commercial lender, which seeks to boost its presence in the Kenyan market.

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