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 …
Jamii Bora Bank Turns to Insurance to Solve Collateral Problems for SMEs
Jamii Bora Bank prides itself on being innovative when seeking solutions to provide financing to Small and Medium-Sized Enterprises (SMEs). The Bank is now allowing SMEs to obtain bank guarantees and stock financing loans using insurance as collateral instead of the traditional …