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NAIROBI, KENYA: The National Bank of Kenya (NBK) will send home 150 employees by February 1, 2018, in a fresh round of restructuring aimed at keeping the embattled lender afloat.
In a statement, NBK said the board had given it the green light to institute a voluntary early retirement (VER) plan targeting some of its permanent and pensionable workers aged 35-year. In addition, those to be struck off the NKB pay-roll must have worked with the lender for at least five years.
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