Kenya: Five suitors lined up to buy Chase Bank
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The Central Bank of Kenya (CBK) has so far received five suitors wanting to buy the collapsed Chase Bank, the regulator’s governor Patrick Njoroge said on Friday.
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The Central Bank of Kenya (CBK) has so far received five suitors wanting to buy the collapsed Chase Bank, the regulator’s governor Patrick Njoroge said on Friday.
The International Finance Corporation has said it plans to invest USD 10 Million in KCB Bank Rwanda, which is part of Kenya’s KCB Group, to boost the bank’s lending capacity mainly to small and medium enterprises (SMEs) and the housing sector in Rwanda.
Clothing and household goods retailer Deacons is making a fresh push to list on the Nairobi Securities Exchange.
The NSE has suspended a Sh4.8 billion corporate bond issued by Chase Bank, which was placed under receivership over liquidity problems.