Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
KCB Group books Sh3.1bn gain from sale of National 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
KCB Group has booked a Sh3.1 billion gain from the sale of National Bank of Kenya (NBK) to Access Bank.
The gain represents the difference between the sale price paid by Access Bank for NBK and what KCB paid for the former subsidiary plus the additional capital it injected in the mid-sized lender.