KCB plans yet another Tanzania buyout bid

Outgoing KCB Group CEO Joshua Oigara. FILE PHOTO | NMG

KCB Group #ticker:KCB is still open to pursuing another bank buyout in Tanzania after dropping its bid to acquire BancABC Tanzania from London-based Atlas Mara Limited.

The Nairobi Securities Exchange #ticker:NSE -listed firm has been looking to scale up its operations in Tanzania where it already runs KCB Bank Tanzania, a fully-owned subsidiary.

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