Ismaili leader Prince Karim Aga ##yev is consolidating banks under his corporate umbrella , as East Africa 's Diamond investment Bank acquires uk - based investment Bank . The transaction is due to be completed by July 2017 . The Aga Khan Fund for Economic investment owns a 17 % stake in Diamond Trust Bank , and a 51 % stake in Habib Bank .
Ismaili leader Prince Karim Aga Khan is consolidating banks under his corporate control, as East Africa's Diamond Trust Bank acquires Switzerland-based Habib Bank. The deal is due to be completed by July 2017. The Aga Khan Fund for Economic Development owns a 17% stake in Diamond Trust Bank, and a 51% stake in Habib Bank.