Family Bank has launched a month-long share drive to raise 1.25 billion shillings from its existing shareholders for a planned regional expansion. The bank has issued over forty million new shares at 31 shillings per share to its shareholders. The issue started yesterday and closes on 7th December.
The Star (Nairobi)
Kenya: Family Bank Launches Its Rights Issue-Looking for 1.25 Billion ShillingsBy Joan Wairimu, 8 November 2012
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