Kenya's Imperial Bank Customers to Start Accessing Funds
Customers will access their money through five branches which will be opened for the first time since October 2015 when the bank went into receivership.
(file photo)
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Kenya:
CBK Unit Seeks Order to Freeze Imperial Bank Assets in Britain
Nation, 22 July 2016
The Kenya Deposit Insurance Corporation (KDIC) has filed an international case in the UK seeking to freeze assets belonging to fish dealing company W.E Tilly and other shareholders… Read more »
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Kenya:
Big Imperial Bank Clients to Wait Longer As Refunds Begin Tuesday
Nation, 21 July 2016
Big depositors of the collapsed Imperial Bank will have to wait longer to access their cash, even as those holding balances of Sh2.5 million or less get full compensation beginning… Read more »
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Kenya:
High Court Allows Imperial Bank Depositors to Access Additional Cash
Nation, 20 July 2016
Customers of collapsed Imperial Bank will start accessing their additional deposits from Tuesday next week after the High Court lifted an order stopping the disbursements. Read more »
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Kenya:
Court Opens Window for Imperial Bank Depositors to Get Their Money Back
Nation, 15 July 2016
Depositors of Imperial Bank, which is under receivership, are likely to get back their money after the High Court in Mombasa lifted orders suspending schemes of payment which were… Read more »
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Kenya:
Court Lifts Order Stopping Payment to Imperial Bank Depositors
Nation, 15 July 2016
The High Court in Mombasa has lifted orders stopping schemes of payment to depositors of Imperial Bank, which is under receivership. Read more »
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Kenya:
CBK Silent As Imperial Bank Audit Period Ends
Nation, 4 July 2016
The Central Bank of Kenya deadline on forensic investigations into the collapse of Imperial Bank lapsed on Thursday, with the regulator remaining mum on the progress of the audit. Read more »
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Kenya:
Imperial Bank Owners Had All the Time to Stop Bond - Regulator
Nation, 30 June 2016
Owners of the collapsed Imperial Bank had several opportunities to stop a Sh2 billion bond issue before the money, now locked in for nine months, was deposited with the lender. Read more »
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Kenya:
Imperial Bank Depositors to Get Sh1.5 Million as NIC Absorbs Staff
Capital FM, 21 June 2016
Imperial Bank depositors will now be able to access up to Sh1.5 million once a court order on the suspension of payments is lifted. Read more »
InFocus
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NIC Bank has been appointed to take over collapsed Imperial Bank's assets and liabilities. Read more »