Fidelity gets 3 new directors after SBM deal

Fidelity Bank along Nairobi's Kaunda Street. FILE PHOTO | SAMMY KIMATU

Mauritian firm SBM Holdings has appointed three new local directors at Fidelity Commercial Bank after getting green light from the Central Bank of Kenya (CBK) to takeover the lender.

Fidelity Commercial Bank has now officially changed its name to SBM Bank (Kenya) after the acquisition.

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