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Imperial Bank, could be reopened as early as November

28, Oct 2015

Things are looking up for Imperial Bank, and if all goes according to plan could be reopened as early as November. This follows a meeting between the Central Bank of Kenya and top shareholders of the bank to strategies on how to get the bank back on its feet. The shareholders are expected to inject new capital into the bank but the Central Bank is said to have ruled out bringing on board new investors.