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How KCB took over Sh42bn driver’s licence deal from Access Bank
Kenya Commercial Bank (KCB) Group Director Finance Lawrence Kimathi makes his remarks during the bank’s announcement of the FY 2025 Financial Results at the Emara Ole Sereni on March 11, 2026.
Photo credit: Francis Nderitu | Nation Media Group
Access Bank Plc’s uncertainty over the viability of a public-private partnership digital driver’s licence deal held by National Bank of Kenya (NBK) helped KCB Group snap up the contract, which will now help it earn a portion of Sh42 billion over the next two decades.
KCB said Access Bank, which acquired NBK from KCB last year, expressed doubts about the profitability of the project following concerns over uncollected smart driving licences.
