Stanbic wins Devki banking deal

Chief Executive Officer of Stanbic Bank Kenya and South Sudan Joshua Oigara.

Photo credit: File | Billy Ogada | Nation Media Group

Stanbic Bank Kenya has won a major client in Devki Group, an industrial conglomerate whose operations span cement, steel, roofing and packaging materials.

The Kenyan multinational, founded by Narendra Raval, previously relied almost exclusively on KCB Bank Kenya where it has been a client for more than 40 years.

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