Credit Bank, led by Kenya’s wealthy Nyachae family, seeks approval for $35 million raise
Billionaires Africa | 10.12.2025 14:46Credit Bank, a Nairobi-based commercial bank owned by the family of the late Kenyan politician and businessman Simeon Nyachae is seeking fresh shareholder approval for a $35 million capital-raising plan. This comes as the lender looks to strengthen its regulatory footing, expand digital banking services and grow lending to small and medium-sized enterprises (SMEs).
