Victoria Commercial Bank bought additional shares worth Sh20.08 million in a Nairobi-based kindergarten, Montessori Learning Centre, during the financial year that ended December 2023, marking the latest financial injection into the British curriculum-focused school.
The lender in 2021 acquired a 24.9 percent stake in Montessori in a debt swap deal after the Nairobi-based school defaulted on a Sh200 million loan on the back of Covid-19 disruptions.
