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Sh1b loan default puts leasing company Vaell under administration

Vaell has been placed under administration after defaulting on creditors to the tune of Sh1.1 billion.

Equipment leasingEquipment leasing limitedOfficial receiverSpire bankEhicle and equipment leasing limitedFficial receiver in insolvencyAttorney general

Leasing firm Vaell put under administration after default

Leasing firm Vaell put under administration after default
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Paul waruingi njeruWangombe gathonduBank shOffice of the attorney generalCharitable trust fundKingdom bank shSpire bankEquipment leasingKenya revenue authorityMastermind tobaccoEquipment leasing limited vaellHoldings shSpire bank shEquity bank kenyaEquipment leasing limitedOfficial receiver

Focus on banks over withheld excess assets auction proceeds

Lenders now being forced to refund the amounts above what they were asking for in defaulted payment for loans.

Justice josephine mongareLalitaben kantilal shahSpire bankJustice josephine mong areHigh court judge eric ogolaHousing finance company of kenyaMortgage lenderMs lalitaben kantilal shahEnpaper limitedAlde transportersIgare auctioneersEquity bank

Spire Bank ordered to cede extra Sh17m from sale of trader s asset

Spire Bank ordered to cede extra Sh17m from sale of trader’s asset

Lalitaben kantilal shahSpire bankEquity bank

Bank deposit compensation scheme grows 16 7 percent to Sh179 8 billion

Bank deposit compensation scheme grows 16 7 percent to Sh179 8 billion
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Kenya deposit insurance corporationCentral bankNational treasuryChase bankCharter house bankSpire bankInternational association of deposit insuranceInternational associationEconomic planningChase bank limitedCharter house bank limited

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