Zenith Bank acquires Paramount Bank

Zenith Bank agreed to acquire Paramount Bank. Reported deal value: $2.03B. Status: Pending. Sector: Banking. Target headquarters context: Nairobi, Nairobi Area, Kenya.

This page summarizes publicly available information about the transaction as of 2026-01-22. Figures and status may change as filings and press coverage update.

Zenith gets Kenyan nod for full takeover of Paramount Bank , bolsters East Africa reach Zenith gets Kenyan nod for full takeover of Paramount Bank , bolsters East Africa reach January 22, 2026 Share Zenith Bank , Nigeria second biggest lender by market value, has received approval from the Competition Authority of Kenya to acquire 100 percent of Paramount Bank Limited , clearing a key regulatory hurdle in its East Africa n expansion drive