Credit Bank, led by Kenya’s Nyachae family, wins $35 million shareholder backing
Credit Bank, led by the Nyachae family, gains shareholder approval to raise Ksh4.5 billion ($35 million) through a rights issue.
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Credit Bank, led by the Nyachae family, gains shareholder approval to raise Ksh4.5 billion ($35 million) through a rights issue.
Credit Bank, backed by Kenya’s Nyachae family, seeks shareholder approval for a $35 million capital raise to support growth and meet regulatory demands.
Kenya’s Credit Bank, owned by the Nyachae family, wins court approval to sell Upper Hill land over a $15.5 million loan dispute.
Kenya’s Credit Bank faces scrutiny after judges froze an $8.7 million land transfer, raising questions over how the lender handled its own property auction.
The decision comes after a legal battle with Jabavu Village Limited and Hasscon Pharmaceuticals Limited, which had borrowed the funds.