The Kenyan firm that is laying claim to the Absa trade name has hit back at Barclays Bank of Kenya (BBK) #ticker:BBK , accusing the lender of treating its imminent financial loss as “collateral damage” in its continental expansion.
ABSA Kenya Limited has in court papers sought to dismiss the explanation by BBK, which had said that Absa Bank Limited (South Africa), a sister company, applied for registration of the name at the Registrar of Trademarks and was granted permission on September 20, 2016.
