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Spire Bank Saga: Spire Bank seeks strategic investor to shore up its capital by an additional 4B

28, Apr 2021

Spire Bank is seeking a strategic investor to shore up its capital by an additional 4 billion shillings. the bank which was acquired by Mwalimu national SACCO from businessman Naushad Merali in 2016 told the senate committee on finance that 4 investors have shown interest in the bank giving it positive prospects for recovery. Brenda Kerubo reports

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