DUBAI BANK At a Risk Collapsing.

When a company is out under receivership, the whole management is suspended and a receiver is appointed. the receiver runs the company for a certain period and when the company gains its normal state he hands over the company to a new management or the same management too. If thing go sour the company is brought into liquidation and a liquidator is appointed to wound up the company.
Dubai bank Kenya is in this track and it has been experiencing liquidity and capital challenges. for more information click on this link and know more about the banks state
CBK puts DUBAI BANK under receivership Click this link to view the full story