KCB Group #ticker:KCB could be required to inject as much as Sh40 billion into troubled State lender National Bank of Kenya #ticker:NBK to plug a gaping hole in the books as part of a takeover.
Renaissance Capital said while the government wants to get rid of troubled NBK, it may also require KCB to take over two other State-run banks (Consolidated Bank of Kenya and Development Bank of Kenya) as part of the deal.
