Imperial Bank to depositors: Access your lockers within 30 days

Sufficient proof of identity and ownership of the locker will be required

In Summary
  • The bank collapsed six years ago.
  • Central Bank of Kenya (CBK) approved the liquidation of the bank in 2021
Imperial Bank depositors hold placards outside the Westlands branch during a past demonstration/FILE
Imperial Bank depositors hold placards outside the Westlands branch during a past demonstration/FILE

Imperial Bank which is currently under liquidation has issued a notice of safe deposit to all its locker holders.

In a notice dated August 28, the bank has given a 30-day period to the affected depositors to access their lockers.

“Notice is hereby given to safe deposit locker holders who are yet to access their lockers to visit our offices at UAP Tower, Upperhill Nairobi or Imperial Bank building in Mombasa within 30 days of this notice,” it reads.

Sufficient proof of identity and ownership of the locker, it adds, will be required.

The bank collapsed six years ago and has been under the receivership of the Kenya Deposit Insurance Protection (KDIP)

Central Bank of Kenya (CBK) approved the liquidation of the bank in 2021 setting the stage for the sale of the lenders' remaining assets.

A safe deposit locker facility is one of the value-added services provided by a bank to its customers.

The institution provides specially designed lockers purchased from reputed manufacturers which are kept at specially built strong rooms at branches for keeping the valuables.

Early this month, High Court Judge Alfred Mabeya discharged orders blocking the process of paying out depositors.

The Judge also disqualified himself from hearing the matter filed by one of the depositors-Ashock Doshi who is seeking more than Sh1 billion from the lender.

"Due to personal reasons, I'm unable to proceed with this case. I, therefore, discharge the order I granted," Mabeya said.

He directed the matter be placed before Justice Josephine Mongare for further directions.

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