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Nedbank Completes Ksh110B NCBA Acquisition, Takes 66% Stake

NCBA Group is set to enter a new chapter under South African ownership after Nedbank Group completed the purchase of a majority stake in the Kenyan lender, paving the way for closer financial ties between East and Southern Africa. The deal, finalised after regulatory approvals, gives Nedbank a 66 per cent controlling…

Business Today KenyaBy SABRINA BT
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Nedbank Completes Ksh110B NCBA Acquisition, Takes 66% Stake
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Business Today Kenya.

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Original headline: “Nedbank Completes Ksh110B NCBA Acquisition, Takes 66% Stake”

  • BUSINESS
  • featured
  • NCBA
  • Nedbank