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NAIROBI, KENYA: KCB Group Plc (KCB) and Atlas Mara (ATMA) have signed a definitive agreement which will see the bank increase its footprint within the region.
This is through the acquisition of a 62.06 per cent stake in Banque Populaire du Rwanda Plc (BPR) and a 100 per cent stake in African Banking Corporation Tanzania Limited (BancABC) from ATMA in Rwanda and Tanzania, respectively.
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