The National Bank of Kenya will brief shareholders and stakeholders on the bank’s performance in Financial Year 2015.

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This will also include an update on the ongoing transformation program of bank.

Managing Director and Chief Executive Officer Munir Sheikh Ahmed is expected to discuss alternatives the bank has towards achieving the projected Tier 1 status and roll out of homegrown lender’s regional expansion in light of the delayed rights issue.

“The bank finally wishes to acknowledge that a series of multi-pronged audits by various bodies including the internal auditors who report to the Board of Directors, Central Bank of Kenya and external auditors continue to be conducted every quarter in line with regulator’s operational guidelines,” the bank said.

“As a company listed in the Nairobi Securities Exchange we are further subject to additional oversight by the Capital Markets Authority. These important oversight instruments go to reaffirm the positive results of our transformation program inside and outside the bank.”