Zenith Bank Eyes Kenyan Acquisition Amid Regulatory Shifts
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币界网报道：Zenith Bank, Nigeria's largest lender by market value, is exploring a potential acquisition in Kenya as part of its African expansion strategy. The move follows recent regulatory changes allowing foreign banks to operate in Kenya without local subsidiaries. CEO Ebenezer Onyeagwu confirmed the bank is evaluating opportunities but declined to name specific targets. This comes amid increasing African fintech competition, with Zenith aiming to strengthen its pan-African presence. The bank currently operates in six African countries and the UK, with total assets exceeding $20 billion. Kenyan authorities have welcomed the interest, viewing it as validation of the country's improving investment climate.
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