×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Somalia's Premier Bank acquires majority shares in First Community Bank

Vocalize Pre-Player Loader

Audio By Vocalize

First Community Bank seen along Kimathi street, Nairobi. [Elvis Ogina, Standard]

Premier Bank Limited, Somalia (PBLS) has acquired 62.5 per cent shares of First Community Bank Limited (FCB), following approval by the Central Bank of Kenya.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By John Muia 5 mins ago
Enterprise
800 youth benefit from 'Glam on Wheels' Initiative
Business
Flower industry loses Sh200m as transport strike hits JKIA cargo
Financial Standard
Families feel the pinch as war-hit diaspora remittances shrink
Financial Standard
Legal battle brews over new tea levy, directorship