KCB urges NBK investors to swap their stocks


National bank has been struggling to stay on its feet with little or no fruits at all. Particularly after it posted a 98% drop in profits from 400 million to 7 million, in the last financial year. Because of this, on April 18th 2018, KCB offered to buy 100 per cent shares of NBK by way of share swap of ten ordinary shares of NBK for one shares of KCB.

source: Kenyan Wall Street

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