SEO URLwww.firestrike.ai/deals/paramount-bank-zenith-bank-acquisition-2026-3
acquisitionAnnounced · Jan 22, 2026BankingSource · CredibleArticle · Factual
Zenith Bank acquires Paramount Bank
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$2.03B
Target
Paramount Bank
Nairobi, Nairobi Area
Acquirer
Zenith Bank
Full Acquisition
Status
Pending
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.
The Competition Authority of Kenya has approved Zenith Bank proposed acquisition of 100% of Paramount Bank Limited , a mid-tier lender
Deal timeline
Announced
Jan 22, 2026 · techcabal.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Banking with a reported deal value of $2.03B. Figures and status may change as sources update.
Sources: techcabal.com · Primary article · FireStrike proprietary index