More M&A Expected In Kenya's Investment Banking Sector

Kenya's Equity Bank, one of the country's seven dominant banks, has acquired local player Juanco Investment Bank in a bid to increase its role in the retail investment sector. Although the bank has not yet received regulatory approval for the deal, it has said that it plans to use the assets to form Equity Investment Bank. The acquisition should help Equity Bank to meet client demands. T

To read the full article, please choose one of the following options: