In a statement on Tuesday, March 25, 2025, KCB said the move seeks to strengthen its distribution network across the region.
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The performance—a historic quarterly milestone—which was boosted by revenue growth across the Group network also saw the balance sheet close the quarter at KShs.2.0 trillion, from KShs.1.6 trillion in a similar period last year.
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The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt of all regulatory approvals from, amongst others, the Central Bank of Kenya, the Central Bank of Nigeria, the COMESA Competition
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On Friday, the KCB Foundation, in partnership with the German Government— implemented by GIZ— graduated 3,500 construction sector graduates at an event graced by President Dr William Ruto.
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The platform is a centralized Financial Market Infrastructure developed in collaboration with the African Export-Import Bank (Afreximbank) to complement trading under the Africa Continental Free Trade Area (AfCFTA).
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