×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

KCB offers National Bank a lifeline deal

Kenya Commercial Bank at Kenya Kipande house.

Troubled National Bank of Kenya (NBK) has got a new lifeline, following a proposed 100 per cent acquisition by Kenya Commercial Bank (KCB) Group.

The Government is a major shareholder in the two lenders - indicating the takeover might be as good as a foregone conclusion.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • 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