KCB Group to Buy Atlas Mara’s Rwanda, Tanzania Banking Units

KCB Group Plc Thursday said it has signed a definitive agreement with Atlas Mara to acquire Banque Populaire du Rwanda Plc (BPR) and African Banking Corporation Tanzania (BancABC).  The proposed transaction will increase the bank’s regional footprint, as the bank group explores new group opportunities.  In the agreement, KCB will acquire a 62.06% stake in … Continue reading KCB Group to Buy Atlas Mara’s Rwanda, Tanzania Banking Units