The National Stock Exchange (NSE) 55 Westlands Rd, Starehe, Nairobi National Bank of Kenya (NBK) has formally exited the Nairobi bourse following the acquisition by KCB Group in September 2019. Capital Markets Authority (CMA) said the exit will be effected on Thursday for the counter that has not been trading on the Nairobi Securities Exchange […]
KCB Group has reported a net profit rise of 131% during the third quarter period ending September 30, 2021 attributed to income growth and reduced loan loss provision. The giant lender profit after tax during the nine month period to September surged to Kshs. 25.2 billion compared to Kshs. 10.9 billion at the hieight of […]
National Bank of Kenya (NBK) is set to be delisted from the Nairobi Securities Exchange on Thursday following its acquisition by KCB Group through a share swap. NBK’s shares had already been suspended from trading ahead of the transaction, with the delisting marking the lender’s formal exit from the bourse which will now be left […]
Jamii Bora Bank and National Bank of Kenya (NBK) #ticker:NBK have returned to profitability and are growing their shareholder funds as subsidiaries of their respective parent firms Co-op Bank and KCB Group which acquired them in rescue deals. The transactions demonstrate the benefits of economies of scale that have enabled the big banks to turn […]
An investor looks at the digital board at the Nairobi Stock Exchange(NSE)/FILE The Capital Markets Authority has approved the de-listing of the National Bank of Kenya from the Nairobi Securities Exchange. This follows the successful takeover of 100 per cent shareholding of NBK by KCB Group and NBK shareholders approval. “Notice is hereby given on […]
National Bank of Kenya (NBK) has delisted from the Nairobi Securities Exchange (NSE) effective Thursday following full acquisition by KCB Group. This means shares of the company will stop trading at the Nairobi bourse. "Notice is hereby given on the de-listing of National Bank of Kenya (NBK) from the Nairobi Securities Exchange with effect from […]
Nairobi — The National Bank of Kenya has received approval from the Capital Markets Authority(CMA) to de-list from Nairobi Securities Exchange following the full takeover by KCB Group. NSE, in a statement targeting all shareholders, investors and the general public said NBK will subsequently be removed from the course on 25 November. "Notice is hereby […]
National Bank of Kenya (NBK) will cease trading on the Nairobi Securities Exchange (NSE) on Thursday in a notice issued by the Nairobi Securities Exchange (NSE). The notice issued on Monday to shareholders, investors and the general public by NSE stated that the de-lising of the lender follows full acquisition by KCB Group. “Notice is […]
National Bank of Kenya (NBK) has been delisted from the Nairobi Securities Exchange (NSE) following its successful acquisition by the Kenya Commercial Bank Group (KCB) NSE said the move becomes effective on November 25, after approval by the bank’s shareholders KCB Group Plc acquired NBK in September 2019 through a share swap, but the bank […]
Managing Director, National Bank of Kenya, Paul Russo(left) exchanges contract papers with Executive Director, Global Compact Network Kenya, Judy Njino(Right) after signing the Memorandum of Understanding at the NBK Building in Nairobi. NAIROBI, Kenya, Nov 16 – National Bank of Kenya (NBK) Tuesday signed up to the United Nations Global Compact, reinforcing its commitment to […]
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