Kenya Depositors Insurance Corporation
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...
BT Reporter1 Mins read
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...
BT Reporter1 Mins read
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,...
BT Correspondent1 Mins read
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...
BT Reporter1 Mins read
SBM eyes more deals after Chase Bank acquisition
SBM Holdings, owner of Mauritius’s second-biggest bank, said it expects to be one of Kenya’s largest lenders within a year after acquiring part...
BT Correspondent1 Mins read
SBM concludes acquisition of 75% Chase Bank stake
Mauritian bank SBM Holdings has concluded the acquisition of Chase Bank, effectively ending the bank’s two year receivership. This after the bank signed...
BT Correspondent1 Mins read
Imperial Bank depositors demand for their money
Imperial Bank Limited depositors have moved to court demanding the unconditional release of their deposits totaling more than Ksh 100 million, interest on...
BUSINESS TODAY2 Mins read
