Politicians blamed for Mumias Sugar woes
The Kenya National Union of Nurses (KNUN) Secretary General, Seth Panyako, now claims that a section of politicians from Western region were involved in underhand...
Receivership
Politicians blamed for Mumias Sugar woes
The Kenya National Union of Nurses (KNUN) Secretary General, Seth Panyako, now claims that a section of politicians from Western region were involved in underhand...
SBM Holdings Limited to fully acquire Chase Bank in August
Chase Bank Kenya Ltd (in receivership) (CBLR) will fully be acquired by SBM Holdings Limited, wholly owned subsidiary SBM Bank (Kenya) Ltd, on August 17, 2018....
Chase Bank amends new and existing loan facilities
By Grace Maina/Release Chase Bank (in receivership) has adjusted its existing and new loan facilities to not more than 14.5% as part of its industry...
NIC bank appointed to compensate Imperial bank depositors
By Grace Maina The Central Bank of Kenya (CBK) has Tuesday appointed the NIC Bank to act as the asset and liability consultant for Imperial...
Chase Bank to re-open next week
By Rose Welimo/Statement The Central Bank of Kenya – CBK has announced that all Chase Bank Limited branches will reopen on Wednesday, April 27th with...
Efforts to revive Chase Bank underway – CBK
By Nicholas Nduati Central Bank Governor Dr. Patrick Njoroge says that they are working towards having Chase Bank open its doors to the public as...
CBK announces emergency bailout fund for troubled financial institutions
By Beth Nyaga The Central Bank of Kenya will, starting today (Monday), avail a facility to any bank or micro finance institution facing liquidity issues...
President Kenyatta lauds CBK for stemming out malpractices in banking sector
By Beth Nyaga President Uhuru Kenyatta has lauded the Central Bank of Kenya on its recent stance in stemming out malpractices in the banking sector...
CBK denies banking sector is facing imminent collapse
By Carol Njenga Central Bank has denied reports that the banking sector in Kenya is facing imminent collapse saying its normal for banks to experience...