- Nedbank seeks 66% stake in Kenya-based NCBA Group
- Deal expands South African lender into East Africa
NAIROBI, KENYA – South Africa’s Nedbank is seeking a controlling stake in NCBA Group in a move to enter fast-growing East African banking markets.
South African financial services group Nedbank is poised to expand into East Africa, including Uganda, through the acquisition of a controlling stake in NCBA Group PLC, the regional lender said.
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