Stanbic Bank Kenya and Stanbic Bank Uganda, both members of the Standard Bank Group, successfully closed a USD45 million (Ksh5.8 billion) long-term funding package to support the expansion of two PepsiCo bottlers in East Africa; Crown Beverages Limited (CBL) in Uganda and SBC Kenya Limited in Kenya on October 28, 2025 The transaction, comprising USD […]
Standard Bank Group’s Kenyan subsidiary, Stanbic Holdings, is reportedly in advanced talks to acquire NCBA Group Plc in a deal that could reshape Kenya’s banking landscape. According to Bloomberg, the merger would create the country’s third-largest lender with combined assets valued at approximately KSh1.1 trillion (US$8.5 billion). NCBA, which currently holds a market valuation of […]