CBK picks potential buyers of Chase Bank

Central Bank of Kenya (CBK) governor Patrick Njoroge. FILE PHOTO | NMG

The scramble to take over a controlling stake in troubled Chase Bank has entered the homestretch after the Central Bank of Kenya said it had shortlisted some suitors out of the 12 that expressed interest in the deal.

The mix of interested buyers included three local banks, four foreign financial institutions and five other financial institutions and consortia, according to a CBK statement released on Tuesday night.

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