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CBK Governor Patrick Njoroge dims hopes of Imperial Bank revival

The Central Bank of Kenya has thrown troubled Imperial Bank under the bus, handing its more than 44,000 customers to two other lenders, killing any real prospects of its revival.

CBK Governor Patrick Njoroge said he had lost patience with shareholders and directors of Imperial after they took too long to top up capital in the lender — the decisive step in the reopening.

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