KCB Group expects to finalise the acquisition of Democratic Republic of Congo lender Trust Merchant Bank (TMB) by the end of the year after receiving shareholder approval for the transaction. The tier-one lender said the shareholders’ nod at an Extra Ordinary General Meeting (EGM) held in Nairobi on Wednesday will see it accelerate the acquisition, which it first revealed last month. KCB, which already has operations in Rwanda, Burundi, Tanzania, Uganda, and South Sudan, wants to acquire an 85 percent stake in TMB and plans to buy the remaining shares within two years. The deal will be priced …