Equity Bank

Kenya’s Equity Bank plans to buy all of National Bank

June 12, 2009 - 3:59pm | Banks and internet banks | News
Kenya’s Equity Bank plans to buy all of National Bank

Equity Bank Ltd., Kenya’s second- biggest bank by market value and its biggest provider of small loans, wants to buy all of state-controlled National Bank of Kenya Ltd. James Mwangi, the lender’s chief executive officer, confirmed today that Equity Bank is interested in Kenya government’s stake in National Bank, which is being sold now, and it would prefer acquiring it 100 percent.


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