Sunday, January 26, 2020

CBK Okays Access Bank To Acquire Transnational Bank

    January 26, 2020   No comments

CBK press release

Central Bank of Kenya on 17th January  2020 approved Nigerian Access Bank to acquire up to 100% shareholding rights of Kenyas Transnational Bank.

Access Bank will effectively take the banks control as from 1st February 2020.

Transnational Bank had 28 operational bank branches across Kenya.

Access Bank is the biggest bank in Nigeria with presence in other African countries including; Ghana, Rwanda, Zambia, DRC and Sierra Leone. Outside Africa, the lender has offices in United kingdom, United Arab Emirates, China, Lebanon and India.


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Mwabaya Katana

About Mwabaya Katana

Mwabaya is an experienced and talented finance content creator based in Kenya. He is the Founder of Loans Kenya Blog.

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