Nigeria’s Zenith Bank Acquires 100% Shareholding of Paramount Bank

The Central Bank of Kenya (CBK) has announced the acquisition of 100% of the shareholding of Paramount Bank Limited (PBL) by Zenith Bank...

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Paramount Bank Surpasses Ksh 3B Core Capital Requirement Ahead of Deadline

Paramount Bank has officially surpassed the Central Bank of Kenya’s (CBK) minimum core capital requirement of Ksh 3 billion.

CBK (Central Bank of Kenya) is in talks with Nigeria’s Zenith Bank which is seeking approvals to acquire Paramount Bank. Zenith Bank’s entry...