Home Business KDIC to pay 85 percent of Charterhouse depositors in 30 days

KDIC to pay 85 percent of Charterhouse depositors in 30 days

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The Standard | by Wainaina Wambu


About 85 per cent of the depositors of the collapsed Charterhouse Bank are set to be paid in the next 30 days.

The Kenya Deposit Insurance Corporation (KDIC) Chief Executive Officer Mohamud Mohamud said the insured depositors who are protected by law and owed Sh500,000 and below – make up the majority…

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