×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Read on the App

Once ailing banks get new lease of life from the industry's 'big boys'

Jamii Bora bank along Koinage Street. [Edward Kiplimo,Standard]

Erstwhile struggling banks are now finding strength under the wings of their new owners following acquisitions that gave them access to billions of shillings.

Lenders, including Jamii Bora Bank, National Bank of Kenya (NBK), Transnational Bank (now Access Bank) and Mayfair Bank, which were struggling to keep their heads above the water are now swimming in cash.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • 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