Kenya: CFC Finally Takes Over Stanbic Bank

Nairobi — CfC Stanbic Holdings Limited, the new company formed following a takeover of Stanbic Bank Kenya Limited by CfC Bank started operations Thursday.

Stanbic Bank and CFC Bank managing directors Mike Du Toit (left ) and Mudabhushi Soundararajan address a press conference on the merger of the two banks at a local hotel recently. Photo/WILLIAM OERI

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