Access Bank Gets Final Approvals To Acquire Bank Of Kenya(AFRICAN EXAMINER) – A subsidiary of Nigeria’s Access Holdings PLC, Access Bank PLC, has secured approvals from the Central Bank of Kenya (CBK) and Kenya’s National Treasury and Economic Planning for the acquisition of 100% shareholding of the National Bank of Kenya (NBK). As part of the acquisition process, certain assets and liabilities of NBK will be transferred to KCB Bank Kenya Limited, a wholly owned subsidiary of KCB Group. Access Bank and KCB Group had signed a binding agreement to acquire 100% shareholding in National Bank of Kenya Limited in March 2024. Access Bank PLC, which now owns NBK in full, is part of Access Holdings PLC, a financial conglomerate headquartered in Nigeria. With the acquisition of NBK, Access Bank strengthens its position in Kenya’s competitive banking landscape, adding to its operations in the country and reinforcing its East African expansion strategy.