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 Shillings
By Joan Wairimu, 8 November 2012Copyright © 2012 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
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