Nigeria’s second-largest lender, Zenith Bank, has opened talks for an acquisition that will see it enter the Kenyan market, deepening the foray of banks from the West African nation that are keen on expanding their presence in the East African region.
The Business Daily has established that Zenith Bank is in talks with a tier-two lender in the Kenyan market with its top leadership expected to jet into Nairobi within the next three months to advance discussions on the planned purchase.
