Jamii Bora Bank Shareholders Approve Co-op Bank investment
At an Extraordinary General Meeting held virtually on 1st July 2020, the shareholders of Jamii Bora Bank overwhelmingly approved a 90% acquisition of the Bank by Co-operative Bank of Kenya. The meeting was held following extensive discussions, a detailed due diligence, and …
100% Acquisition of Jamii Bora Bank by Co-op Bank
Jamii Bora Bank Ltd. (JBB) announces that its board of directors has approved the progression of discussions with the Co-operative Bank of Kenya Ltd. (Co-op Bank), which if successful would lead to Co-op Bank acquiring 100% shareholding in JBB. In the context …