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Family Bank gets nod to form unit for acquisitions

Family Bank

Family Bank towers on Muindi Mbingu Street and Moktar Daddar Street, Nairobi County on March 22, 2023. 

Photo credit: File | Nation Media Group
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By  Kepha Muiruri

Business Reporter

Nation Media Group

Family Bank shareholders have allowed the Tier II lender to form a non-operating holding company to oversee its regional expansion activities.

The unit is expected to hold shares in Family Bank Kenya and other non-banking subsidiaries.

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