Last news

NEWS

Imperial Bank Kenya closed, customers worried

Day of passion even outside Malindi and Watamu branches

14-10-2015 by redazione

Day of passion, yesterday, for the residents and the Italian tourists, as well as many Kenyans citizens, from 9 in the morning when they found the branches of the Imperial Bank and closed the doors not operating.
The mystery lasted a few hours before the official statement Kenyan Credit Institute of Indian properties, which announced the Board Controlled by the Central Bank of Kenya. What does it mean? That the bank is in economic crisis and in danger of bankruptcy, so the Central Bank, in protecting investors, takes the reins of the company and, together with the Governing Board of the bank, for twelve months will apply a moratorium designed to solve the problems of liquidity of the bank.
"During this period - the statement - the accounts can not be extinguished and will be allowed only certain types of operations, and all interests will be minimized."
Yet we do not know when the doors open again (something like three or four days, maybe on Monday or at least next week) or to what extent it will take. Definitely they will be communicated later on strategies, times and ways. The Kenya Deposit Insurance Corporation, an organization that serves as insurance and monitor the operations of the banks of Kenya, was made available in the interest of investors. He said that it was the Board of Directors of the Imperial Bank to ask the Central Bank to intervene to check for non-transparent operations, in the light of the Managing Director of the sudden death a month ago. Now the task of "ferry" the bank towards calmer waters and at the same time to protect the many customers who would like to of course close the accounts and transfer to a safer bank. In a few days we will know the dynamics to try not to lose their savings.
ANYONE WHO WANTS TO HAVE INFORMATION ABOUT THE SITUATION OF HIS ACCOUNT Imperial MAY 'WRITE TO THIS MAIL: kdiccommunications@depositinsurance.go.ke or call 0770887992 (in English of course)
 

TAGS: Imperial bank KenyaImperial Malindi

Good news for those who still have money stuck at Imperial Bank.
The Central Bank of Kenya has issued a statement in which it announced a third reimbursement for account holders linked to the bank Imperial Kenya more than a...

READ ALL

by redazione

Three more months to learn the ultimate fate of the troubled Imperial Bank Kenya.
The Nairobi High Court has extended by 90 days the Ammistrazione controlled by the Central Bank of Kenya (CBK) under the control of the insurance fund...

READ ALL THE REVIEW

by redazione

The long story of Imperial Bank Kenya seems still far from complete. The Credit Institute in receivership for more than a year, has not yet lost hope of being able to re-open its doors or otherwise fall within Financial around...

READ ALL THE REVIEW

A year ago 57,000 savers of Kenya, including nearly two thousand Italians, Malindi, Watamu, Mombasa, Diani and Nairobi, were holding their breath to await news of the possible reopening of the Imperial Bank Kenya, whose shutters were down on 14 October.READ ALL THE EDITORIAL

by redazione

A financial group with headquarters in the island of Mauritius and branches in India and other nations in Africa and the East, SBN Holdings, has submitted an offer for the Credit Institute Kenyan Fidelity Bank, which is also home to...

Hard times for "old mold" banks in Kenya.
The historical Barclays Bank has decided to shut down seven of its subsidiaries in the country following a new parent company policy that has long been rumored to be selling its subsidiary...

READ ALL THE REVIEW

by redazione

From Monday, as a result of statements made by the President of Kenya Uhuru Kenyatta, all citizens and...

READ ALL THE ARTICLE

LATEST NEWS

by redazione

KPLC apologise but they have had to switch off part of Malindi town including Coop Bank, Police Station, the whole of Lamu Road, Majengo, Ngowe Road, Kibokoni, Sabaki, Ocean Beach, Malindi Complex, Casino and adjacent customers today Thursday 6 July...

Fidelity Bank Kenya, and therefore its Malindi subsidiary alongside Nakumatt, was acquired by SBM, a renowned financial group of Mauritius, with offices in many Asian and African countries. This will guarantee more solidity and experience for the bank and its customers.READ THE COMMUNIQUE INSIDE