Transnational Bank (Kenya) Plc
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Transnational Bank (Kenya) Plc - overview
Location
Nairobi, -, Kenya
Primary Industry
Financial Services
About
Based in Nairobi, Kenya, Transnational Bank (Kenya) Plc offers a variety of financial products and services to individuals, small and medium-sized enterprises (SMEs), and the agribusiness sector. In October 2019, Access Bank Plc, a portfolio company of Carlyle Group, agreed to a 99. 98% majority stake in Transnational Bank (Kenya) Plc for USD 12. 8 million.
The deal was completed in July 2020. Transnational Bank offers a range of banking solutions, such as savings accounts, investment products, loan options for individuals, current accounts, digital banking, and more. The firm offers solutions to address the challenges and opportunities faced by SMEs, such as access to working capital, trade finance, and cash management services. Additionally, the bank offers specialised agribusiness banking solutions, including financing for various agricultural activities, from pre-planting to harvest and marketing.
Current Investors
Access Bank Plc
Primary Industry
Financial Services
Sub Industries
Retail Banks, Mortgage Banking, e-Financial, Consumer Finance, Commercial Banks, Investment Banking
Verticals
FinTech, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Transnational Bank (Kenya) Plc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Transnational Bank (Kenya) Plc | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.