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Watchdog orders DTB to keep 41 Habib jobs

A customer deposits money at the forex counter at Habib Bank limited on Koinange Street. FILE PHOTO | NMG

By  BRIAN NGUGI

The competition watchdog has ordered listed bank DTB #ticker:DTK to retain employees of Habib Bank as a pre-condition for the takeover approval.

In a gazette notice dated June 12, 2016, the Competition Authority of Kenya (CAK) said it had given the nod for the takeover subject to retention of 41 Habib employees.              

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