KCB Group’s acquisition of Rwandan bank has extended Kenya’s domination of the East African financial market with a 44 percent rise in bank branches to 494 locations last year.
The Central Bank of Kenya (CBK) data shows Kenyan bank outlets in the region jumped from 343 after KCB acquired Rwandese lender Banque Populaire du Rwanda (BPR) from London-listed financial services firm Atlas Mara Limited.
