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Western Kenya bloc bank to start operations in October

From left: Kakamega Governor Wycliffe Oparanya, Vihiga Governor Wilber Ottichilo and Luanda MP Chris Omulele at a past event. [Benjamin Sakwa, Standard]

Governor Wycliffe Oparanya has said a bank to serve 14 counties in Western region will start operations in October.

Mr Oparanya, who is the chairman of the Lake Region Economic Bloc, said members had raised Sh2.8 billion initial capital for the investment bank.

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