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Consolidated Bank seeks more time to settle bond

Consolidated Bank along Koinange Street taken on 25th August 2015. [Wilberforce Okwiri, Standard]

Troubled Consolidated Bank has pleaded with investors to give it three more months to pay its Sh1.5 billion seven-year bond. 

In a statement published yesterday, the lender said it had requested for an extension, pending capital injection from Treasury, its largest shareholder.

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