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General Category => Africa => kenya => Topic started by: Akeyo on August 26, 2024, 12:45:27 AM

Title: Access Bank goes into capital raising ahead of NBK acquisition
Post by: Akeyo on August 26, 2024, 12:45:27 AM

Access Bank goes into capital raising ahead of NBK acquisition

For commercial international banks in Nigeria, the minimum capital requirement has been bumped up from the initial 50.0 billion naira (Sh4.1 billion) to the new requirement of 500 billion naira (Sh40.9 billion).
Source: Access Bank goes into capital raising ahead of NBK acquisition (https://www.businessdailyafrica.com/bd/corporate/companies/access-bank-goes-into-capital-raising-ahead-of-nbk-acquisition-4738702)