National Bank Retirees Edge Closer to Payout as Access Bank Seals Buyout

Court has handed a partial victory to more than 130 former National Bank of Kenya employees who have spent over a decade in legal battles..
✨ Key Highlights
The High Court has provided a partial win for over 130 former National Bank of Kenya employees in their long-standing legal battle for pension benefits, coinciding with Access Bank's finalization of its acquisition of NBK.
- The High Court quashed a 2017 decision by the Retirement Benefits Appeals Tribunal, citing violations of fair hearing principles.
- The dispute, stemming from 2010, involves claims of underpaid pensions by hundreds of millions of shillings.
- Access Bank Plc, Africa's largest lender by customer base, completed its acquisition of NBK from KCB Group Plc on May 30, 2025.
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Read the complete article from The Kenyan Wall Street