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Nigeria\’s Access Bank is acquiring Kenya\’s Transnational Bank to cement its pan-African ambition
- Chris ADELUGBA
- October 28, 2019
- Access
- Africa
- bank
- CBN
- Diamond
- East Africa
- Kenya
- transnational bank
- West Africa
Central Bank of Kenya grants Access Bank approval to acquire Transnational Bank of Kenya. Transnational Bank is one of Kenya\’s tier-4 bank and posted a $693,904 loss in 2018. The deal not yet completed, but it will see Access Bank taking over 93.57 % of the East Africa bank. The Central Bank of Kenya (CBK) has granted Access […]
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