Lender linked to Kenya’s richest families commits $198 million for green financing
NCBA Group is a Nairobi-based financial services conglomerate partially owned by the Kenyatta family renowned as Kenya’s largest landowners.
NCBA Group
Kenyan top executive James Ndegwa loses $2.4 million from NCBA Group stake
Ndegwa, the former chairman of the Capital Markets Authority is a top figure in the Kenyan business scene.
Lender linked to Kenya’s richest families to raise interest rates for second time
NCBA Group counts some of Kenya’s richest families among its shareholders, including the Kenyatta, Merali, and Ndegwa families.
Kenyan billionaire Ndegwa family expands empire as NCBA, ICEA Lion pursue new deals
The Ndegwa family’s latest endeavors build upon their previous strategic investments in the Kenyan financial sector.
Kenyan banker John Gachora earns $1-million salary from NCBA Group in 2022
Apart from his executive and governance roles, Gachora owns a minority 0.14-percent stake in the leading financial group.
Wealthy Kenyan tycoon Andrew Ndegwa loses over $2 million in 49 days
Despite this financial setback, Ndegwa remains one of Kenya’s wealthiest investors and ranks as one of the country’s richest businessmen.
Bank owned by Kenya’s richest families expands to Migori, targeting East African traders
NCBA Group counts some of Kenya’s richest families, including the Kenyatta, Merali, and Ndegwa families, among its shareholders.
Kenya’s largest landowners, Kenyatta family, to pocket $2.6 million from NCBA
The Kenyatta family owns a 13.2-percent stake in NCBA Group through the estate of their late father, Jomo Kenyatta.
Wealthy Ndegwa family of Kenya acquire $2.77-million stake in property fund
This latest development from the Ndegwa family follows their earlier strategic investment in the Kenyan financial sector.
Bank owned by Kenya’s richest families posts nearly $65 million in half-year profit
NCBA Group, which resulted from a momentous merger in 2019, is partially owned by the Kenyatta, Merali, and Ndegwa families.
Kenya’s largest landowners, Kenyatta family, face $8-million loss
Through their late father’s estate, Jomo Kenyatta, the Kenyatta family owns an impressive 13.2-percent stake in NCBA Group.
Wealthy Kenyan Ndegwa family suffers over $3-million loss in single day
The Ndegwa family, which was involved in the merger of NIC Bank Group and Commercial Bank of Africa Group in 2018, owns a 14.94-percent stake in NCBA Group.
Led by Kenya’s richest families, NCBA plans to expand with ten new branches in Kenya
NCBA Group, a leading financial services conglomerate, is partially owned by some of Kenya’s richest families, Kenyatta, Merali, and Ndegwa families.
Kenya’s Ndegwa family bolsters position as largest shareholder in NCBA Group with new $2.2 million shares
The Ndegwa family’s continuous investment in NCBA Group reflects their belief in the institution’s potential for growth and success.
Wealthy Kenyan businessman Andrew Ndegwa loses more than $1 million in 87 days
As a director on the board of the financial services giant, Ndegwa holds a significant 4.3-percent stake in NCBA Group.
Kenyattas, Kenya’s leading landowners, rake in $9.8 million in three weeks from NCBA stake
The Kenyatta family owns an impressive 13.2-percent stake in NCBA Group, or 217,497,023 ordinary shares.