Mayfair Bank to change name after buyout

  • | Citizen TV
    The Central Bank of Kenya has approved a change of name of local lender Mayfair Bank. In a notice, the regulator says shareholders and the registrar of companies had given a nod to the bank to change its name following a successful acquisition. In April, Egyptian lender Commercial International Bank acquired 51 per cent of the bank. The new name will now be Mayfair CIB Bank.