KCB completes acquisition of Rwandan bank

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A KCB branch in Nairobi. FILE PHOTO | NMG

KCB Group #ticker:KCB has completed the acquisition of Rwandese lender Banque Populaire du Rwanda (BPR) from London-listed financial services firm Atlas Mara Limited.

KCB Group chief executive Joshua Oigara said the lender has secured regulatory approvals in Kenya and Rwanda for the deal which makes KCB Group the majority shareholder in BPR.

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