MONOKROMATIK INTELLIGENCE · VALUE AN ASSET

NCBA Group

Banking

Value-capture verdict

CONTESTED

Ownership genuinely still in play.

Owned by

South Africa

The read

The marquee cross-border bank deal of 2026 — and a rare intra-African one. Value moves from Kenyan to South African hands: consolidation on the continent, but not local ownership retained.

READ THE FULL BREAKDOWN

Acquisitions ledgerMonoKromatik coverage

The full Scorecard unlocks

The four-axis decode — idea, authorship, execution, consequence
Named-rival benchmarks in the category
A roadmap to move the number
The full value-capture breakdown, sourced

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