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Chase Bank recovery almost complete, says Kenya Commercial Bank boss

KCB Group CEO, Joshua Oigara (left) addresses the Press during a Media Briefing on the New Phase of Operation for Chase Bank. With him is KCB Group HR Director and Chase Bank appointed Receivership Manager, Paul Russo.

Chase Bank receiver managers, Kenya Commercial Bank (KCB), have confirmed that the operational structures of the bank have finally been put in place.

In a media briefing at the Chase Bank headquarters yesterday, KCB Chief Executive Officer Joshua Oigara said the bank that almost went under is now sound and ready for the next phase of loaning and deposit taking.

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