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Spire Bank, formerly known as Equatorial Commercial Bank, Chester House Branch. [Wilberforce Okwiri, Standard]
Delegates of the giant teachers’ co-operative society, Mwalimu National Sacco, meet tomorrow to determine the future of the Sacco’s subsidiaries, including the loss-making Spire Bank.
Top on the agenda is a proposal by the Sacco’s board to put Spire Bank up for sale to a strategic investor in a deal where Mwalimu Sacco will still retain a minority interest.
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