StanChart's court filings show that the bank also holds security connected to Creative Enterprises Limited, including a charge over LR No. 209/4062 in Nairobi.
By
Kabui Mwangi
Correspondent
Nation Media Group
Standard Chartered Bank Kenya has moved to take control of rental income from four properties linked to collapsed retailer Nakumatt Holdings as it intensifies efforts to recover more than Sh1.9 billion in unpaid loans.
The deal will see the Nairobi Securities Exchange-listed firm earn substantial fees as the National Treasury seeks to deepen the…
The bank's transition from owner to tenant aligns with its strategy of scaling down its physical footprint while expanding its…
Nakumatt Holdings Limited has been ordered to pay Sh9.7 million to its lawyer for litigation services rendered in an eviction…
Stan Chart’s first quarter profit decline contrasts to other tier I peers who managed to post higher profits, largely from…
StanChart’s management declared an interim dividend of Sh8.50 per share, up from Sh8 paid last year, but did not disclose the…
Stanbic used the festival as a brand and entertainment initiative, intended to bring its brand promise, “IT CAN BE,” to life…
