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bankelele

  • Permalink for 'Bank for sale' Bank for sale
    Posted: August 28th, 2007, 10:17am EDT
    The Government intends to sell a portion of Development Bank of Kenya (DBK) to a strategic investor.

    The goverment, through ICDC owns 90% of the Bank which was almost merged with Housing Finance in 2005.

    DBK is Kenya's 34th largest bank with assets of Kshs. 3.9 billion ($55 million)