Family Bank targets June 23 NSE debut as BAT Kenya lifts dividend to KSh 60
The NSE 25 rose 0.4221% to 5,838.13 on June 16, while Family Bank secured regulatory approval for an NSE listing scheduled for June 23, according to Business Daily and The Kenyan Wallstreet. The listing would mark the lender's market debut after 42 years of growth and a 5-year wait, Business Insider Africa and Business News Nigeria reported. BAT Kenya announced a record KSh 60 final dividend per share, its highest ever, despite pressure from illicit trade, according to Business Today Kenya and streamlinefeed.co.ke. In secondary trading, Car and General's share price rally retreated on June 9 as investors took profits, The Kenyan Wallstreet reported.
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