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Originally published by Nation Business
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business
September 23, 2026
2h ago

National Bank to absorb Access Bank Kenya after CBK, Treasury approvals

National Bank to absorb Access Bank Kenya after CBK, Treasury approvals

Move ends Access Bank's five-year run as independent lender in the Kenyan market...

✨ Key Highlights

The Central Bank of Kenya (CBK) has approved the transfer of all assets and liabilities of Access Bank (Kenya) Plc to the National Bank of Kenya Limited (NBK). This move signifies the end of Access Bank (Kenya) Plc's five-year independent operation in the Kenyan market.

  • The transaction received approval from the CBK on August 17, 2026, and from the National Treasury on September 21, 2026.
  • Key organizations involved are Access Bank (Kenya) Plc, National Bank of Kenya Limited (NBK), the Central Bank of Kenya (CBK), and the National Treasury.
  • This deal reunites the two banks, which were previously under common ownership, as Access Bank PLC acquired NBK from KCB Group in May 2025.

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