CBK Appoints Liquidator for Nakumatt-Linked Charterhouse Bank Limited (CHB)

he bank had 10 branches in Nairobi, Kisumu and Mombasa. Eight of these branches were located at branches of the erstwhile Nakumatt Supermarket...

CBK in talks with KCB over Imperial Bank takeover

The lender was placed under receivership in October 2015 with KDIC assuming control of the assets, liabilities, business and affairs of the bank

This follows the Central Bank of Kenya’s approval of the transfer of selected assets and liabilities of the lender to SBM Bank Kenya

Insurer says current flat rate premium model will be reviewed to a risk-based premium model to instil market discipline and safeguard depositors