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Consolidated Bank is on the market following years of poor performance and rising debt. PHOTO | FILE | NATION MEDIA GROUP
By James Anyanzwa
Business Reporter in Nairobi, Kenya
Nation Media Group
A cloud of uncertainty hangs over holders of a corporate bond issued by Kenya’s troubled Consolidated Bank seven years ago, as it emerged that a bailout plan on which the lender has placed all its hopes has not been endorsed by Treasury.
BAILOUT PLAN