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Teachers breathe new life into Spire Bank in share capital injection

Spire Bank Mwalimu Sacco

In attempts to bring Spire Bank back to profitability, Mwalimu National Sacco has converted its deposits into share capital worth Shh3.4 billion.

Photo credit: File | Nation Media Group

Teachers have walked the proverbial extra mile in efforts to save their bank.

In attempts to bring Spire Bank back to profitability, Mwalimu National Sacco has converted its deposits into share capital worth Shh3.4 billion.