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KCB turns Sh3bn National Bank loan into equity

Published: March 21, 2022

KCB Group has converted a Sh3.45 billion long-term loan it had given to NBK last year into equity, helping the subsidiary meet its core capital ratios after years of default.

Source: businessdailyafrica.com

Related Topics:

National BankInternational Financial Reporting StandardsCentral BankKcb Financial StatementKcb Nbk AcquisitionKcb Ceo