Access Bank secures final approval to acquire Kenyan bank

By Nkiruka Nnorom
Access Bank Plc said it has secured final approval from all relevant authorities in Kenya to proceed with the acquisition of majority stakes in Kenyan-based Transnational Bank (TNB).
The bank said, Friday, in a regulatory filing that the approval followed a ‘no objection’ granted it by the Central Bank of Nigeria (CBN) in October last year.
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According to the bank, the acquisition is in line with its stra