Press briefing

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Chase imepigwa bei

QNB wamemwaga pesa.

Naona @Okiya ameingia @spear Anatext ako njiani

Dubai Islamic Bank wanalia kwa choo

CBK Governor "We got 9 proposals on Chase Bank, one from the shareholders. Six are local and Two are foreign’

In selecting the suitable bidder of Chase Bank, we looked at Speed, Liquidity, credibility & strong Management. Kenya Deposit Insurance Corporation (KDIC) has reached a deal with the KCB Bank Kenya Ltd (KCB) on modalities to reopen Chase Bank Ltd. All Chase Bank Ltd (In Receivership) branches will open by Wednesday, April 27, 2016. Chase Bank customers will have immediate access to their deposits up to a maximum of Ksh.1 million.

Central Bank of Kenya agrees that KCB is to take over Chase Bank.

@Okiya in a case like this does the chase bank branches get rebranded to kcb colours or they remain as they are?

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QNB now know the meaning of bandit economy where the no 3 is declared winner

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Could it be they looked at this…

Or could be they heard rumors you guys were complaining on how CBK is selling us outside instead of allowing local banks to take over? I don’t know…am just speculating.
But wakenya ni walewale. Complaining no matter what

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Bora tu tupate pesa yetu

I hope they do the same for Imperial Bank. Alot of NGO’s and business clients were messed up. Malindi town expatriates were worst affected.

fixed

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KCBChase or ChaseKCB?

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Nice idea, you may just have saved KCB millions in consultants fee on rebranding Chase. I would go with KCB-Chase

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I don’t know. But for QNB since I know their strategy, when they buy a bank, they still retain the name of the original bank. E.g In Dubai they bought CBI and they still call themselves CBI

Where is the evidence of the statement in bold?

Lion Chase

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