KENYA: The Central Bank of Kenya (CBK) and Kenya Deposit Insurance Corporation (KDIC) have announced in a press release the receipt of a binding offer from KCB Bank Kenya (KCB), which offers Islamic solutions, with respect to Imperial Bank (in receivership) as part of the expression of interest process. Following the receipt and assessment of KCB’s non-binding proposal, the CBK and KDIC engaged KCB in discussions aimed at maximizing the value for depositors. The CBK and KDIC will provide further....