DCB Bank targets raising Sh8.9bn to boost capital

The DCB Commercial Bank Plc board chairman, Prof Lucian Msambichaka, (centre), receives a cheque from retired President Benjamin Mkapa shortly after the former head of state bought shares in the lender’s Rights Issue. On the left is the bank’s managing director, Mr Godfrey Ndalahwa. PHOTO| SALIM SHAO 

In Summary

• The money will bring DCB’s total paid up capital to Sh25.8 billion from the current Sh16.9 billion, the bank’s board chairman says

By The Citizen Reporter @TheCitizenTZ news@tz.nationmedia.com