Kenya’s Central Bank has issued the following statement in regards to Imperial Bank;
“The Kenya Deposit Insurance Corporation (KDIC) will today, December 28, 2016, commence a third disbursement of funds to Imperial Bank Limited (IBL) depositors. Verified depositors will be able to access additional funds of up to a maximum of 10 percent of their remaining deposits, subject to a minimum of Ksh.200,000 or the actual deposit amount for balances below Ksh.200,000.
These disbursements will be made by NIC Bank Ltd on behalf of KDIC, as was the case for the second tranche disbursements. It is expected that the disbursements will be completed in the next few days.
Depositors who will be claiming their funds for the first time are required to present their claim forms not later than January 31, 2017. First time claimants should download the Claim Forms and Customer Onboarding Forms from http://www.nic- bank.com/ke/iblir-customers. Completed forms should be delivered to any NIC Bank branch or the following IBLIR branches – Diani, Kilifi, Malindi, Watamu and Parklands.
Depositors who have claimed in the past will not be required to fill in any claim form as their available funds will be paid into their NIC Bank accounts, same as in the last tranche.
The recovery of IBL loans will continue, which will allow access to additional resources by depositors and other stakeholders. All IBL borrowers should continue making payments on their loans as is currently required.”
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