KCB to finalize purchase of Congo lender by year end

Companies KCB to finalize purchase of Congo lender by year end Wednesday September 21 2022 Customers being served at a Kenya Commercial Bank (KCB) branch in Nairobi. FILE PHOTO | NMG KCB Group expects to finalize the acquisition of Democratic Republic of Congo lender Trust Merchant Bank (TMB) by the end of the year after … Read more

KCB’s Congo buyout target heavy on commission

Market News KCB’s Congo buyout target heavy on commission Thursday September 01 2022 Customers being served at a Kenya Commercial Bank (KCB) branch in Nairobi. FILE PHOTO | NMG KCB Group’s Democratic Republic of Congo acquisition target Trust Merchant Bank made twice as much in fees and commissions compared to net interest income in 2021, … Read more

KCB targets Equity with Sh15bn DRC bank acquisition

Companies KCB targets Equity with Sh15bn DRC bank acquisition Wednesday August 03 2022 KCB Group PLC chairman Andrew Wambari Kairu and Oliver Meisenberg, CEO Trust Merchant Bank (TMB) sign acquisition deal on August 2, 2022. PHOTO | POOL KCB Group has agreed to acquire a majority stake in a top bank in the Democratic Republic … Read more

KCB targets Equity with Sh15bn DRC bank acquisition

Companies KCB targets Equity with Sh15bn DRC bank acquisition Wednesday August 03 2022 KCB Group PLC chairman Andrew Wambari Kairu and Oliver Meisenberg, CEO Trust Merchant Bank (TMB) sign acquisition deal on August 2, 2022. PHOTO | POOL KCB Group has agreed to acquire a majority stake in a top bank in the Democratic Republic … Read more

KCB to buy DRC-based Trust Merchant Bank

Companies KCB to buy DRC-based Trust Merchant Bank Tuesday August 02 2022 Paul Russo, KCB Group CEO. NMG PHOTO KCB Group has entered into an agreement to acquire 85 percent stake in Trust Merchant Bank (TMB) in the Democratic Republic of Congo (DRC). The entrance into the Central African country with a population of over … Read more