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KCB’s breakthrough as its bid to acquire Imperial Bank is accepted

By Japheth Ogila | 7yrs ago

The Central Bank of Kenya and Kenya Deposit Insurance Corporation have finally accepted a Binding offer from Kenya Commercial Bank to own stakes at Imperial Bank.

A statement from the KDIC released on Tuesday evening reveals that KCB has been pushing bidding offer to the two bodies to take up IBLR, which has been under receivership.

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Related Topics

KCB Central Bank of Kenya KDIC IMperial Bank Receivership

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