This contrasts sharply with the $6.9-million profit he made between Feb. 14 and March 26 when the value of his I&M Bank …
Suresh Bhagwanji Shah
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The group kicked off its Kenyan expansion in mid-January with the inauguration of eight new branches.
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Over the past 41 days, I&M shares have experienced a notable upturn, resulting in an increase of Ksh919.35 million ($6.97 million) in …
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The newly unveiled branches bring the total I&M Group branch network to 93 in the region. Out of these, 49 are strategically …
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Shah is credited with transforming I&M into one of East Africa’s leading banking groups.
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Shah is a top figure in Kenya’s banking industry. He is renowned for founding I&M Group.
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Shah owns a beneficial 10.98-percent stake in I&M Bank Group, translating to 178,514,362 ordinary shares.
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This $1.13-million increase solidifies Shah’s position as one of the richest investors on the Nairobi Securities Exchange.
- East Africa
Kenyan tycoon Suresh Bhagwanji Shah’s stake in I&M Bank surges by $1.4 million in 29 days
The $1.45-million increase solidifies Shah’s position as one of the richest investors on the Nairobi Securities Exchange.
- East Africa
Kenyan tycoon Suresh Bhagwanji Shah loses $4.95 million amid I&M Bank’s share-price nosedive
Shah holds a beneficial stake of 10.98 percent, consolidating his position as a major stakeholder in the company.