KCB Group CEO and MD Joshua Oigara interact with KCB Group Chairman Andrew Wambari Kairu and KCB Group Chief Finance Officer Lawrence Kimathi during the KCB Group half-year financial results announcement. KCB Bank recorded a growth of 131 per cent in net profits to Sh25.2 billion in the first nine months of 2021, following a […]
National Bank of Kenya (NBK) #ticker:NBK is set to be delisted from the Nairobi Securities Exchange on Thursday following its acquisition by KCB Group #ticker:KCB 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 […]
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 […]
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 […]
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