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Kenyan bank NIC looks to buy smaller rivals

August 23, 2012 Comments Off on Kenyan bank NIC looks to buy smaller rivals

August 23, 2012, 1:20 pm

By Beatrice Gachenge
NAIROBI (Reuters) – Kenya’s NIC Bank plans to acquire up to three other local banks in danger of coming up short on the central bank’s more demanding core capital requirements, the bank’s chief executive said on Thursday, after it posted a rise i…

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