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Banking sector set for mergers as lenders eye business growth
A KCB banking hall. Lenders are hunting for growth opportunities locally and the rest of Africa. PHOTO | FILE
The banking industry is expected to witness increased mergers and acquisitions as lenders seek higher growth opportunities, The Banker magazine owned by, The Financial Times says.
The London-based magazine also identified rising capital requirements across the continent as likely to force consolidation within the market.
