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Nedbank takes control of NCBA in East African expansion drive

Kampala, Uganda | JULIUS BUSINGE | South Africa’s Nedbank Group has completed the acquisition of a 66% controlling stake in NCBA Group PLC, giving the lender a foothold in East Africa as regional financial institutions seek to expand cross-border business and investment. The transaction, announced on October 19, 2026,…

The Independent UgandaBy The Independent
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Nedbank takes control of NCBA in East African expansion drive
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Original headline: “Nedbank takes control of NCBA in East African expansion drive”

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