Centum Investments Company plans to repay Sh2.3 billion worth of debt using part of the proceeds from the sale of its stake in Sidian Bank to Nigeria’s Access Bank. This …
Banking, Finance & InvestmentEconomyKenya News
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Access Bank acquires Kenya lender, Sidian Bank, with N15 billion
Access Bank Plc has paid a sum of N15 billion to acquire Kenyan lender, Sidian Bank Ltd, owned by Centum Investment Plc. The acquisition amounts to 83.4% equity ownership stake …