At the current market price, Patel’s stake in Absa Kenya is estimated to be worth $4.31 million.
Absa Kenya
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- East Africa
Absa Kenya linked to Kenyan tycoon Baloobhai Patel secures $50-million loan from parent firm
Patel, who is known for his investments in various sectors, holds a significant stake in Absa Bank Kenya.
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Patel’s stake in Absa Bank Kenya has risen from 42.5 million shares to 47.5 million shares.
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Absa Bank Kenya, formerly Barclays Bank Kenya Limited, is a leading financial services provider in Kenya.