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Imperial Bank customers get Sh. 20.3 billion in KCB takeover deal

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KCB-Imperial Bank: BY BUSINESS DAILY: The Central Bank of Kenya (CBK) has reached a deal with KCB Group to carve out part of assets and liabilities from under-receivership Imperial Bank of Kenya (IBLR) that will send total deposits recovery to about Sh. 20.3 billion. The regulator in a joint statement with the Kenya Deposit Insurance Corporation (KDIC) […]

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