Africa’s banking giants are converging on Kenya as battle for East Africa intensifies
Kenya is rapidly emerging as Africa’s most contested banking market, with major lenders racing to expand in East Africa’s largest economy as competition for regional growth intensifies.
Standard Bank eyes R250 billion business banking goldmine
Standard Bank is stepping up its quest for more business clients in Africa.
Standard Bank prepares takeover push in East Africa’s most important banking market
South Africa’s Standard Bank, which operates in Kenya through Stanbic Bank, says it wants to become the country’s biggest lender by 2030, a goal that will likely require acquisitions, aggressive capital deployment and a direct challenge to market leaders KCB Group, Equity Group and Co-operative Bank.