NCBA leads 110 Kenyan entrepreneurs on China trade session
NAIROBI, Kenya, Oct 14 - 110 SME and commercial banking customers are on a 12-day business trip to China to expand trade opportunities and strengthen Kenya breaking news | Kenya news today |..
✨ Key Highlights
NCBA Bank Kenya has sponsored 110 Kenyan Small and Medium-sized Enterprise (SME) and commercial banking customers on a 12-day business trip to China to expand trade opportunities.
- The business mission, from October 12 to October 23, includes attending the 138th Canton Fair.
- NCBA Group Director of Retail Banking, Dennis Njau, stated the initiative connects local businesses with Chinese manufacturers, suppliers, and investors.
- Participants are drawn from key sectors including manufacturing, construction, technology, agriculture, and real estate.
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Stanbic and NCBA Discuss KSh1.1 Trillion Merger; Quick Mart Owners Acquire Minet Mauritius - October 2025
Stanbic Holdings Plc is reportedly in discussions to acquire NCBA Group Plc, a potential merger that would create Kenya's third-largest lender with approximately KSh 1.1 trillion in assets. Separately, NCBA Bank Kenya has sponsored 110 Kenyan Small and Medium-sized Enterprise (SME) customers on a 12-day business trip to China to expand trade opportunities. In another deal, Bima Holdings Ltd, an investment vehicle associated with the owners of Quick Mart, has received regulatory approval from the Competition Authority of Kenya (CAK). The approval is for the acquisition of Minet (Mauritius) Holdings Ltd. This acquisition marks an expansion of Adenia Partners' financial services portfolio into Kenya's insurance brokerage and pension administration sector.
