@DailyNation

Payment for Chase depositors to be staggered over three years

3 days ago, 12:02

Chase Bank customers will access 75 per cent of the Sh76 billion deposits locked in the troubled lender in staggered phases over a period of three years, regulators announced yesterday. The process for releasing the funds to about 3,100 affected depositors will kick off “in a matter of weeks”, said Central Bank of Kenya (CBK) governor Patrick Njoroge and the Kenya Deposit Insurance Corporation (KDIC) chief executive officer Mahmoud Mohamed in a joint briefing without giving a specific timel ...
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Category: topnews news business

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@DailyNation

Payment for Chase depositors to be staggered over three years

3 days ago, 12:02


Chase Bank customers will access 75 per cent of the Sh76 billion deposits locked in the troubled lender in staggered phases over a period of three years, regulators announced yesterday. The process for releasing the funds to about 3,100 affected depositors will kick off “in a matter of weeks”, said Central Bank of Kenya (CBK) governor Patrick Njoroge and the Kenya Deposit Insurance Corporation (KDIC) chief executive officer Mahmoud Mohamed in a joint briefing without giving a specific timel ...
Read More

Category: topnews news business

Suggested

6 hours ago, 22:32
@DailyNation - By: Nation Team
Extended Form One admission to close Wednesday

Those selected during the replacement exercise will be expected to report by January 23. ...

Category: topnews news
7 hours ago, 21:22
@DailyNation - By: Kennedy Kimanthi
Passport printing grinds to a halt after power blackout

Kihalang’wa said the system was down but has since been running. ...

Category: topnews news
10 minutes
@AfricaNews - By: Abdur Rahman Alfa ...
Liberia's Sirleaf promises face-off with her party over expulsion | Africanews

Sirleaf will pass on the presidential baton to former world footballer of the year, George Weah, who beat Sirleaf's deputy, Joseph Nyuma Boakai, in a poll run-off in December 2017. ...

Category: africa topnews news africa_elections
12 hours ago, 17:11
@CapitalFMNews - By: Racheal Mburu
Sheikh Gorsa to remain in custody for 30 days in terror probe

NAIROBI, Kenya, Jan 16 - The Muslim cleric whose arrest led to protests in Marsabit during which three people were killed, will remain in police custody fo - Kenya breaking news | Kenya news today | C ...

Category: topnews
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Inflation in Kenya, Uganda and Tanzania to remain high in 2018. ...

Category: topnews news
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Nairobi water shortage looms as reservoirs drop

Water rationing in Nairobi looms large as the reservoirs holding the city’s supplies continue to drop.The Nairobi City Water and Sewerage Company now pegs its hopes on the April long rains. Acting MD ...

Category: topnews news
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