Access renames Moi-linked bank after Sh1.4bn buyout

A Transnational Bank branch in Nairobi. FILE PHOTO | NMG

Nigerian bank has renamed Transnational Bank after completing the purchase of lenders from close associates of former President Daniel Moi for Sh1.4 billion.

Central Bank of Kenya said Friday that the Kenyan lender will now be known as Access Bank (Kenya), indicating the end of the buyout deal.

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