Imperial Bank

16 Articles
Imperial Bank Limited went into receivership in October 2015.
BUSINESS

Imperial Bank Set For Liquidation

"The report indicates that considering the weak status of IBLIR's financial position, liquidation is the only feasible option," CBK noted.

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Hunt On For Defunct Imperial Bank Directors

The CMA has received the greenlight to investigate Imperial Bank directors. If they are found culpable they will be barred from holding similar...

KCB Group CEO and MD Joshua Oigara. The lender has posted a Ksh10.9 billion profit after tax for the nine months ended September 30, 2020.
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KCB Pays Out 93% of Imperial Bank Deposits

The Imperial Bank depositors were to be paid out in four disbursements.The first eighth was to be paid once KCB took over the...

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KCB to pay ten shillings to acquire Imperial Bank

KCB Group, Kenya’s largest bank by assets, will pay only Ksh10 to take over Imperial Bank, which was shut down four years ago...

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How KCB plans to repay Imperial Bank depositors’ money

KCB Bank has submitted a Final Offer to the Central Bank of Kenya and Kenya Depositors Insurance Corporation (KDIC) as it gears up...

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Imperial Bank depositors get access to their funds

KCB Bank Kenya Limited, which is disbursing the money, however, says it is not acquiring IBLR and is in discussions with CBK and...

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Imperial Bank asks customers to go for part payments at KCB branches

Depositors who have claimed in the past through KCB and still have their accounts active will not be required to fill any claim...

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KCB offer to buy Imperial Bank accepted

The Binding Offer accepted, includes granting of access to 12.7% of eligible depositors balances remaining in IBLR within 14 days of the announcement,...

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Imperial Bank depositors to wait longer despite KCB buyout offer

CBK, KDIC say they had reached consent with KTDA to allow the receivership to continue until case it had filed in court is...