National Bank of Kenya. [PHOTO/ COURTESY] The National Bank of Kenya (NBK) has delisted from the Nairobi Securities Exchange (NSE) following a full acquisition by the Kenya Commercial Bank (KCB). In a notice on Monday, NSE announced that the delisting of the lender will take effect on November 25, 2021, after approval by shareholders. “Notice […]
Tag: XNAI_NBK
KCB doubles profit in third quarter to $225m, buoyed by regional units
KCB Group CEO & MD, Joshua Oigara, KCB Group Chairman, Andrew Kairu (C) and KCB Group CFO, Lawrence Kimathi (R) during the bank’s half year results announcement at the Nairobi Serena Hotel on August 19, 2021. The lender’s half year profit doubled to Sh 15.3 billion from Sh 7.6 billion a year ago. PHOTO | […]
Kenya: NBK De-Lists From Nairobi Bourse
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 […]
Jamii Bora, NBK gain on big banks buyout
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 […]
Kenya: NBK Gets CMA Nod to De-List From NSE
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 […]
Kenya: NBK Gets CMA Nod to De-List From NSE
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 […]
NBK de-listed from security exchange following KCB Group takeover
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 […]
NBK Delists from Nairobi Securities Exchange Following Successful Acquisition by KCB Group
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 […]
NBK signs up to the UN global compact
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 […]
KCB doubles profit in third quarter to $225m, buoyed by regional units
KCB Group CEO & MD, Joshua Oigara, KCB Group Chairman, Andrew Kairu (C) and KCB Group CFO, Lawrence Kimathi (R) during the bank’s half year results announcement at the Nairobi Serena Hotel on August 19, 2021. The lender’s half year profit doubled to Sh 15.3 billion from Sh 7.6 billion a year ago. PHOTO | […]