Tag Archives: Central Bank of Kenya

30 April 16

Kenya: Central Bank Seizes Sh8bn from Disgraced Chase Bank Directors

The Central Bank of Kenya has seized Sh8 billion (almost $80m) from Chase Bank directors who brought down the bank by gifting themselves interest-free loans.

22 April 16

Kenya: Chase Bank to Reopen Next Week As KCB Takes the Helm

Chase Bank branches will reopen next Wednesday after KCB Group stepped up to become a majority shareholder in the fallen bank.

12 April 16

Senators Call For CBK Governor Questioning Over Collapsed Banks

Senators in Kenya have called on the Director of Criminal Investigations to question Central Bank of Kenya (CBK) governor Patrick Njoroge and senior officials following the collapse of Chase Bank.

11 April 16

Kenya: Chase Bank Placed Under Receivership by CBK

A Kenyan retail bank has been placed under receivership by the Central Bank of Kenya (CBK) following financial difficulties.


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