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Mid-tier lender Family Bank is looking for partners to raise funds and help keep its doors open. The bank’s CEO David Thuku said the lender is currently in talks with some potential investors as it seeks to reinforce its debt and equity positions by March.
“We are looking at partnering with an equity investor and possibly one or two debt financiers. Hopefully by end of March we will have tied the loose ends and we will come out publicly about it,” he said.
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