Imperial Bank

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

Imperial Bank Set For Liquidation

Imperial Bank Limited is set for liquidation, six years after it entered receivership in 2015. The bank was shut down after large-scale fráud...

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Hunt On For Defunct Imperial Bank Directors

Things have gotten thicker for the now-defunct Imperial Bank directors after the Supreme Court allowed the Capital Markets Authority (CMA) to pursue them...

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 Kenya Commercial Bank (KCB) has paid out Ksh2.98 billion to Imperial Bank customers since taking over the defunct lender's assets, representing 93%...

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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 on Thursday begun disbursing 12.7% of eligible deposit balances remaining  Imperial Bank Limited (In Receivership) (IBLR) after finalising the process...

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

The Kenya Depositors Insurance Corporation (KDIC) has initiated a process that will see eligible depositors of Imperial Bank Ltd, which is in liquidation,...

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KCB offer to buy Imperial Bank accepted

The Central Bank of Kenya (CBK) and the Kenya Depositors Insurance Corporation (KDIC) have announced the acceptance of a Binding Offer from KCB...

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Imperial Bank depositors to wait longer despite KCB buyout offer

KCB Bank Kenya has placed a binding over to purchase Imperial Bank (In Receivership). The Central Bank of Kenya (CBK) and the Kenya...