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Private equity investors step up funding for Jamii Bora Bank

Jamii Bora Bank Chief Executive Officer, Sam Kimani and Koto Housing Kenya Limited Chief Executive Officer Moses Nderitu. [PHOTO BY: JAMES WANZALA/STANDARD

Private equity investors have stepped up funding for tier III lender Jamii Bora Bank to shore up their shareholding.

The move comes after the bank approved the creation of 30 million new ordinary shares.

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