Nedbank takes control of NCBA in landmark East African banking deal
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Nedbank takes control of NCBA in landmark East African banking deal

October 20, 2026
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South Africa’s Nedbank Group has acquired a 66 per cent controlling stake in NCBA Group PLC, bringing the Kenyan-headquartered lender under its ownership in a deal expected to strengthen cross-border banking, trade and investment across East and Southern Africa. The transaction, completed on October 19, 2026, follows regulatory approvals and

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