AFRICAN BANKER'S WORLD NEWS
KCB Group, Kenya's biggest bank by assets, is looking to partner with a local bank in Ethiopia where a potential liberalisation of foreign investment rules could open up
a market of 100m people.
The Kenyan bank opened an office in Addis Ababa three years ago, ready for any opportunities that might arise, revealed Chief Executive Officer Joshua Oigara. Currently there are restrictions that bar foreign banks from making investments in the country.
"We believe with the changes we ...