NIC Bank, Commercial Bank of Africa announce merger talks
An NIC Bank branch on Kenyatta Avenue in Nairobi. NIC and CBA have announced that they are engaged in merger talks. FILE PHOTO | NMG
The NIC Group and Commercial Bank of Africa have announced that they are engaged in talks regarding a potential merger of the two financial institutions.
The lenders on Thursday said they are eyeing “successful conclusion” of discussions on the merger and obtaining relevant approvals from shareholders of the two entities and regulatory authorities.
