Strategy Note /
Kenya

Kenya banks: Four ways M&A could transform the sector

  • Tier 3 Kenyan banks are ripe for M&A activity with cheaper transaction multiples and interest rate cap finally repealed

  • Regional banks from Nigeria and Egypt may look to increase market share in Kenya through acquisitions

  • Potential for Tier 1 banks to capture mortgage market; KCB at risk of being forced to acquire failing government banks

Kenya banks: Four ways M&A could transform the sector
Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
28 July 2021
Published by