After a year of discussions, Access Bank has received the final regulatory approvals needed to complete its acquisition of National Bank of Kenya (NBK) from KCB Group Plc. The Central Bank of Kenya (CBK) and the National Treasury have granted approval for the transaction. This move follows a gazette notice by CBK Governor Kamau Thugge on April 4, 2025, formally endorsing the deal under Section 13 (4) of the Banking Act. Similarly, Treasury Cabinet Secretary John Mbadi provided his endorsement on April 10. Access Bank announced its intent to acquire NBK in March 2024, with the aim of expanding their presence within Kenya and capitalizing on growing trade opportunities. (Note: This acquisition is Access Bank’s second in Kenya after acquiring Transnational Bank Limited in 2019.)