Tuesday, August 12, 2014

NIC gets nod to raise Sh8bn via corporate bond

NAIROBI, Kenya Aug 12 – NIC Bank has been given approval by the Capital Markets Authority (CMA) to raise Sh8 billion through a corporate bond. This paves the way for the listed lender to raise additional capital for expansion through debt issuance. The medium term note program allows the bank to issue up to Sh8 […]

Read more here Capital Business