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Nedbank gets CBK nod to acquire 66pc stake in NCBA

NAIROBI, Kenya, Aug 31 – South African lender Nedbank Group Limited has secured regulatory approval to acquire up to 66 percent of the issued share capital of NCBA Group Plc,…

  • CBK approves Nedbank's 66% stake acquisition in NCBA.
  • Acquisition aims to boost Nedbank's East African presence.
  • NCBA operates in Kenya and expanded into Uganda, Tanzania, Rwanda, and Côte d'Ivoire.

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