×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

NSSF, Treasury to give National Bank Sh4.2b cash boost

National Bank CEO Wilfred Musau (PHOTO: Standard)

NAIROBI, KENYA: National Bank of Kenya (NBK) is set for a capital boost after key shareholders committed to pumping in Sh4.2 billion.

The bank confirmed yesterday that National Social Security Fund (NSSF), which owns 48.06 per cent, and National Treasury (22.5 per cent), had agreed to recapitalise the bank in the next six months.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in

Related Topics

National Bank NSSF