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Somalia lender pays Sh2.8bn for stake in First Community

A Mogadishu-based bank will pay Sh2.8 billion for a controlling stake in the First Community Bank (FCB).

National bankAl qahirahAhmed mohamed bachelaniJamii boraAbdikadir hussein mohamedAdano warioShaffi mohamed hussein bachelaniSidian bankSpire bankGiro commercial bankCentral bankEgypt commercial international bankBank limited somaliaTransnational bankFirst communityCompetition authority of kenya

Somalia lender to acquire struggling First Community Bank

Premier Bank Limited (Somalia) is seeking to acquire a 62.5 percent stake in FCB.

National bankAl qahirahJamii boraAdano warioSidian bankSpire bankGiro commercial bankCentral bankEgypt commercial international bankBank limited somaliaTransnational bankFirst communityCompetition authority of kenyaHabib bank kenyaFidelity commercial bankOrient bank uganda

CIB buys remaining stake in Kenya's Mayfair CIB

Commercial International Bank (CIB) has secured approval from the regulators to acquire the remaining 49% stake in Mayfair CIB.

Hussein abazaHossam ragehInternational bankCentral bankMayfair bankEast africanJames wiseman

Peter Kenneth, 31 investors to get Sh5bn in Mayfair Bank sale

Politician Peter Kenneth, lawyer Ambrose Rachier and city tycoon Amos Gichuki Ngonjo are set to receive $40 million.

Nairobi areaRift valleyAl qahirahNational bankNjuguna ndunguAmbrose rachierAmos gichuki ngonjoShital umankant khamarPriten bhupendra patelVipinchandra bhattPeter kennethHussein abazaDarshan chandariaVarsani ramji devjiKalpesh rasik patelSonaar jayandra shah

Commercial International Bank Egypt completes acquisition of Kenya's Mayfair CIB in $40mln deal – The North Africa Post

Commercial International Bank Egypt completes acquisition of Kenya's Mayfair CIB in $40mln deal – The North Africa Post
northafricapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northafricapost.com Daily Mail and Mail on Sunday newspapers.

Hussein abazaHossam ragehInternational bank egyptCentral bankMayfair bankCommercial international bank egyptManaging directorExecutive directorEastern african

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