Customers are served at Chase Bank. Central Bank of Kenya has advertised the Expression of Interest (EOI) to take up equity in the bank. PHOTO | FILE
Kenya’s Central Bank has advertised the Expression of Interest (EOI) to take up equity in Chase Bank (Kenya), barely an hour after extending its receivership by a further six months.
CBK said that the move effectively starts a formal process of selecting the preferred investor for the Bank. Central Bank hopes the process will concluded within the next six months.
