Th ree banks submit bids for Imperial Bank
2 months ago, 18 Jan 00:48
Three banks have expressed their interest to invest in the defunct Imperial bank, the Star has found out. The Kenya Deposit Insurance Corporation CEO Mohamud Mohamud confirmed that the banks have submitted their bids and are undergoing review. “We cannot disclose the names of the banks at this point but they are currently doing their due diligence, we expect to conclude this process by March this year,” Mohamud said. Imperial Bank depositors' lobby group told the Star that Diamond Trust Bank, Ke ...
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