receivership
Even on its Death Bed, Mumias Sugar is Haunted by Creditors
Troubled Mumias Sugar Company has been placed under receivership by KCB Bank Kenya in a move the lender says is aimed at protecting...
BT Reporter1 Mins read
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 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...
BT Reporter2 Mins read
It’s end of the Chase (Bank)?
Central Bank of Kenya (CBK) and Kenya Deposit Insurance Corporation (KDIC) have announced that they have received a non-binding offer from SBM Holdings...
FRANCIS MULI1 Mins read
Former top Chase Bank officials nabbed over fraud
Former Chase Bank officials have been arrested were Thursday morning and expected to face fraud charges involving Sh1.6 billion. The three are Duncan...
BUSINESS TODAY1 Mins read
Sale bid signals a bigger problem at Chase Bank
Investors interested in taking over Chase Bank have three weeks to place their bids, signalling a shortage of money to return the bank...
BT Correspondent1 Mins read
