KCB Group

NEWS

KCB Group Completes Acquisition of DRC-based Trust Merchant Bank

KCB Group has announced the completion of the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory approvals. The Group now owns 85% stake in the Democratic Republic of Congo (DRC) based lender. KCB Group obtained the regulatory green light in Kenya, the Democratic Republic of Congo and the COMESA Competition Commission, setting the stage for the…