National Bank of Malawi finally acquires 51% controlling stake in Tanzania's Akiba Bank
submitted almost 4 years ago by andrew24
submitted almost 4 years ago by andrew24
- National Bank of Malawi (NBM) plc has acquired a 51% stake in Akiba Commercial Bank plc (ACB) in Tanzania for $7.31 million to expand regionally.
- NBM CEO Macfussy Kawawa believes this acquisition will benefit both banks and enhance services for Small to Medium Enterprises (SMEs) in Tanzania.
No comments yet
Be the first to share your opinion!
Related Posts
