Mauritian Group to Acquire Kenya's Fidelity Bank
SBM Group of Mauritius is set to acquire Kenya's Fidelity Commercial Bank subject to regulatory approvals in Kenya and Mauritius. The transaction is expected to be completed by December 31, 2016, according to the regulator.
Nation, 23 April 2016
The Central Bank of Kenya (CBK) has faced a litany of litigation in the past nine months as the new Governor, Dr Patrick Njoroge, comes down heavily on irregular activities in… Read more »