Kenyan bank
Kenyan banker Gideon Muriuki’s Co-op Bank posts $50.25-million profit in Q1 2024
Muriuki, who has played a pivotal role in the bank’s expansion, holds a two-percent stake in the group, now valued at more than $12 million.
Kenyan banking tycoon Gideon Muriuki to pocket $882,400 in Co-operative Bank dividends
The dividend will be paid from the group’s retained earnings of $741.9 million at the end of 2021.
Family of Kenya’s late President Daniel arap Moi will receive $470,000 in dividends from Standard Chartered
Shawmut Limited, the Moi family’s private investment firm, owns 1.03 percent of the Kenyan commercial bank.
Kenyan mogul Suresh Bhagwanji Shah loses over $5 million from I&M Group stake in 37 days
Shah owns a beneficial 10.98-percent stake in the company.