Central bank targets sale of Chase Bank by the end of March

Chase Bank depositors outside a Nairobi branch after the lender was put under receivership by CBK in April. PHOTO | FILE

The Central Bank of Kenya (CBK) plans to sell troubled Chase Bank by the end of March next year.

CBK governor Patrick Njoroge on Tuesday said there were at least eight investors, local and foreign, willing to buy the bank put under statutory management in March.

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