Explainer: CBK approves Access Bank Kenya and NBK merger with NBK as the surviving bank

Key Takeaways : Direction, corrected: CBK approved the transfer of Access Bank Kenya’s business, assets and liabilities to NBK — not the other way round. NBK is the surviving licence; Access Bank Kenya disappears as a brand. Why NBK, not Access: Access Bank Kenya’s core capital stood at roughly Sh892 million against a Sh3 billion regulatory minimum; NBK’s stood at Sh12.01 billion.