KCB gets nod to acquire two banks in the region Friday June 04 2021 Banque Populaire Du Rwanda (BPR) stand in Kigali. KCB was granted approval for the acquisition of Rwanda’s BPR and African Banking Corporation Tanzania Ltd. PHOTO | FILE | NMG Summary KCB said the acquisitions in Rwanda and Tanzania are part of the group’s ongoing strategy to achieve regional relevance and will increase the brand’s footprint while reinforcing existing market capabilities. Advertisement Kenya Commercial Bank Group’s shareholders approved a proposal to acquire up to 100 percent of issued ordinary shares in two banks in Rwanda and Tanzania. Approval for the acquisition of Banque Populaire Du Rwanda (BPR) and African Banking Corporation Tanzania Ltd (BancABC) was granted electronically during the 50th annual general meeting held on May 27.