Spire Bank buyout by Equity is timely

Spire bank branch on Koinange Street in Nairobi. FILE PHOTO | NMG

The revelation that Spire Bank has finally found a suitor should be good news coming at a time when teachers have looking for a way to cut their losses from the lender that is in a financial crisis.

The proposed sale of the bank to Equity Group should therefore be completed transparently to secure the interests of the teachers and financial sector at large.

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