"The report indicates that considering the weak status of IBLIR's financial position, liquidation is the only feasible option," CBK noted.
MARTIN SIELEThe CMA has received the greenlight to investigate Imperial Bank directors. If they are found culpable they will be barred from holding similar...
BT ReporterThe Imperial Bank depositors were to be paid out in four disbursements.The first eighth was to be paid once KCB took over the...
Samuel GitongaKCB Group, Kenya’s largest bank by assets, will pay only Ksh10 to take over Imperial Bank, which was shut down four years ago...
BT ReporterKCB Bank has submitted a Final Offer to the Central Bank of Kenya and Kenya Depositors Insurance Corporation (KDIC) as it gears up...
BT ReporterKCB Bank Kenya Limited, which is disbursing the money, however, says it is not acquiring IBLR and is in discussions with CBK and...
BT ReporterDepositors who have claimed in the past through KCB and still have their accounts active will not be required to fill any claim...
BT CorrespondentThe Binding Offer accepted, includes granting of access to 12.7% of eligible depositors balances remaining in IBLR within 14 days of the announcement,...
BT ReporterCBK, KDIC say they had reached consent with KTDA to allow the receivership to continue until case it had filed in court is...
BT Reporter