Our History

Merger Timeline

2018
Dec 2018
December 2018

Boards of NIC and CBA authorised the commencement of discussions regarding a potential merger

2019
Jan 2019
January 2019

Boards of Directors of NIC and CBA unanimously voted to recommend to shareholders a merger of the two banks.

Apr 2019
April 2019

Shareholders of NIC and CBA approve the merger

May 2019
May 2019
  • Announced Group Managing Director  and Chairman of the Kenyan Banking Subsidiary
  • Announced Leadership of the new entity
Sep 2019
September 2019

Approvals received from the Central Bank of Kenya and Cabinet Secretary, National Treasury 

Oct 2019
October 2019

Merger