Technology
FirstRand renews its search for a Kenyan bank as regional rivals compete for growth
South Africa’s FirstRand Group is pursuing a Kenyan bank acquisition as regional lenders compete for a larger share of East Africa’s financial services market. The group is targeting a smaller lender as it seeks to establish a broader presence in Kenya, where banking industry profits rose 16.3% to KSh241.65 billion…
TechTrendsKEBy By George Kamau
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by TechTrendsKE.
Read at TechTrendsKE →Original headline: “FirstRand renews its search for a Kenyan bank as regional rivals compete for growth”
- News
- Absa Group
- Central bank of Kenya (CBK)
- FirstRand Group
- Kenyan banking sector
- NCBA Group