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.
Suresh Bhagwanji Shah
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.
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I&M Bank Group is a prominent financial services conglomerate founded by Shah.
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Since its founding in 1974, I&M has grown into one of the leading financial services groups in East Africa.
Kenyan tycoon Suresh Bhagwanji Shah gains $1.4 million in 46 days
Shah is the founder of I&M Holdings.
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The transaction’s value was not disclosed.
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Since its founding by Shah in 1974, I&M Group has expanded its operations to other East African countries.
Kenyan tycoon Suresh Bhagwanji Shah’s I&M Group receives $15-million guarantee from FMO
NASIRA is a financial program that assists young, female, migrant, and COVID-19-affected entrepreneurs.
Kenyan tycoon Suresh Bhagwanji Shah’s I&M Group earns $23.2 million in profit in Q1 2022
Shah built I&M Group into East Africa’s leading commercial banking organization.
Kenyan mogul Suresh Bhagwanji Shah loses over $5 million from I&M Group stake in 37 days
Shah owns a beneficial 10.98-percent stake in the company.
Kenyan tycoon Suresh Bhagwanji Shah gains over $1.4 million from stake in I&M Bank
I&M Bank Group is a leading non-operating holding company situated in Kenya.
Kenyan tycoon Suresh Bhagwanji Shah’s I&M Group profit surges by 70 percent above $51 million in 9M 2021
I&M Holdings, or I&M Group, is the Kenya-based non-operating holding for I&M Bank Limited.
Kenyan banking tycoon Suresh Bhagwanji Shah loses $4 million as I&M Holdings shares dip
The decline occurred as investors sold down the bank’s shares, leading to a double-digit dip in the share price.