Spare a thought for Imperial bankers

I recall talking with a 72-year-old pensioner, who has her savings in Imperial Bank, now under Central Bank statutory management. I felt the anxiety and helplessness in her voice.

Taking over of a bank by regulators with Sh58 billion of our deposits should not be the subject of idle rumours, like the list of banks likely to follow Imperial Bank that was circulated in the social media. It is a serious business. It was uplifting to see Kenyan Bankers Association (KBA), putting the facts right to counter rumours.