The Kenyatta family owns an impressive 13.2-percent stake in NCBA Group, or 217,497,023 ordinary shares.
Kenyatta Family
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The Ndegwa family has strengthens its position in NCBA Group.
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The Kenyatta family’s equity holdings in NCBA Group see a $11.26-million decline as stock market volatility persists.
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Led by Kenya’s richest families, NCBA Group beats profit expectations, rakes in over $100 million
NCBA Group is a financial services conglomerate controlled by some of Kenya’s wealthiest families.
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The Kenyatta family owns a 13.2-percent stake in NCBA Group.
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NCBA’s loan to Grit now represents more than 2.27 percent of the real estate company’s overall debt.
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NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.
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Led by Kenya’s richest families, NCBA Group plans to spin out M-Shwari, other fintech businesses as separate unit
NCBA Group is partly owned by the super-rich Kenyatta, Merali, and Ndegwa families.
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Led by Kenya’s richest families, NCBA Group plans to launch seven new branches before year’s end
This year alone, the group has launched four branches in Kenya.
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Controlled by Kenya’s richest families, NCBA Group posts $65 million in profit in H1 2022
The double-digit increase in earnings was driven by a significant rise in interest and non-interest income.