Sign up, start voting on articles and create your own news feeds! | Login | Create a free account

State banks merger plan receives nod

Zachary Ochuodho @zachuodho The Cabinet has approved the merger of three government financial institutions. Industrial and Commercial Development Corporation (ICDC), IDB Capital Ltd and the Tourism Finance Corporation (TFC ) will fold to form Kenya Development Bank Ltd. The purpose of the merger is to create a single cross-sector development finance institution with sufficient scale, scope and …

The post State banks merger plan receives nod appeared first on Mediamax Network Limited....

read more...

comments powered by Disqus

Published By: k24tv. - Wednesday, 16 May