Equity Bank Kenya has placed Nairobi’s Eastland Hotel under receivership over an undisclosed debt, underscoring a tougher stance by lenders seeking to recover funds tied up in cash-strapped borrowers in the hospitality industry.
In a notice published in the dailies, the bank said it had appointed Kamal Anantroy Bhatt and Jai Kamal Bhatt of Anant Bhatt LLP as joint receivers and managers of Eastland Hotel Limited, effective September 9, 2025.
