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CBK approves Chase Bank liquidation

Five years after Chase Bank went into receivership, the Central Bank of Kenya has finally given a green light for the bank to be liquidated. The decision followed a recommendation from Chase Bank’s receiver-manager, the Kenya Deposit Insurance Corporation (KDIC) to liquidate the lender. For this and an analysis of Kenya’s market performance, CNBC Africa spoke with Solomon Kariuki, Investment Analyst at Cytonn.


Mon Apr 19 2021 | 10:30:18 GMT+0000 (Coordinated Universal Time)

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