Barclays Bank of Kenya Limited, also known as Barclays Bank of Kenya, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya.
Barclays Bank of Kenya (BBK) says the sale of the lender’s Africa unit will not affect gold securities listed in the Kenyan market. Head of Markets Anthony Kirui said Thursday parent company Barclays PLC was only reducing its shareholding in Barclays Africa from 62.3 per cent to a minority stake over time. He added that since the gold stock was based on the value of real gold, it would not be affected by the fortunes of the company that issued it.Read article