Acquisition · Nigeria · Banking
Paramount Bank
Zenith Bank acquired Paramount Bank for $26.8m.
Amount
$26.8m
3,470,000,000 KES
Round or stake
n/a
First reported
2025-11-16
Verification
Corroborated
7 independent reports
Parties
- Zenith Bank acquirer
Sources (12)
- Nigeria-based Zenith to buy Kenya’s Paramount Bank · Business Daily · 2025-11-16
- Zenith Bank gets approval to acquire Kenya’s Paramount Bank · Punch Newspapers · 2026-01-22
- Nigeria’s lender Zenith completes acquisition of Paramount Bank · Capital FM Africa · 2026-01-22
- Zenith Bank acquires Paramount Bank in Kenya — months after denying acquisition plans · TheCable · 2026-04-08
- Nigerian Billionaires Acquire Kenya’s Paramount Bank · The Kenya Times · 2026-04-08
- Zenith Bank Completes Paramount Bank Kenya Acquisition · Khusoko · 2026-04-08
- Zenith Bank completes acquisition of Kenya’s Paramount Bank · Nairametrics · 2026-04-08
- Nigeria's Zenith Bank completes acquisition of Kenya’s Paramount Bank · Africa Business Communities · 2026-04-08
- Nigeria's Zenith Bank Completes Paramount Bank Kenya Acquisition · The Kenyan Wall Street · 2026-04-09
- Zenith Bank Plc finalizes acquisition of Paramount Bank in Kenya · Financial Afrik · 2026-04-09
- Zenith Bank Completes Acquisition of Kenya’s Paramount Bank · Business Post Nigeria · 2026-08-04
- Zenith Bank Bought Paramount Bank Kenya for KSh3.47bn · The Kenyan Wallstreet · 2026-11-02
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