A Giro Bank branch in Nairobi. Kenya's I&M Bank has agreed to take over Giro Commercial Bank Ltd through a combination of cash and share swap transaction PHOTO | FILE
Kenya's I&M Bank has agreed to take over Giro Commercial Bank Ltd through a combination of cash and share swap transaction.
Details of the value of the transaction remain under wraps but deal-makers estimate Giro Bank to be worth between $42.7 million and $52.8 million.
