Rwanda gives nod to KCB to buy bank from Atlas Mara
A KCB branch in the Southern province of Rwanda. Kenyan bank subsidiaries find the going tough in the region registering a slight decrease from $86.7 million in 2016 to $85.8 million in 2017. PHOTO | CYRIL NDEGEYA | NATION
Rwandese authorities have approved the KCB Group deal to buy Banque Populaire du Rwanda (BPR) from London-listed financial services firm Atlas Mara Limited.
Atlas Mara made regulatory disclosures that it had obtained approvals to sell its banks in Rwanda and Botswana.
