Tuesday, December 14, 2004

Kenya gets its 44th Bank

While donors feel that there are too many banks in this country, Equity is going to take a crack at the big four Banks that dominate the Kenyan banking scene.

Backed by 5 billion in assets and the muscle of IFC, Equity has already applied to the CMA to be listed on the Nairobi Stock Exchange, which should happen by mid 2005.

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