The bank is the third Kenyan financial institution to be placed under receivership since last August. Central bank governor Patrick Njoroge tried to reassure the public, saying that there are no “systemic problems” in the banking system.

Other members of the financial sector are concerned about the impact of social media. In March, another troubled financial institution, National Bank, wrote to the regulator and officials from the ministry of information, asking that the government intervene in “unregulated blogging” and the spread of malicious information about its business.

Investors do have real reason to worry about about the health of the financial sector in East Africa’s largest economy. Loan defaults are growing. Nonperforming loans accounted for 6.8% of total loans in February, compared to 5.7% in the same period last year. And lawmakers are calling for a cap on commercial lending rates, are already around 18%, which would make it even harder for businesses and individuals to access cash.

Last week, the chief executive National Bank, was put on leave after provisions for nonperforming loans led the bank to a loss for 2015. Dubai Bank, a smaller lender, and the mid-sized Imperial Bank were put under receivership last fall because of similar cash-flow problems. A total of 26 Kenyan banks have either collapsed or been placed under receivership by the central bank, leaving Kenyans feeling uncertain where to keep their money.

📬 Sign up for the Daily Brief

Our free, fast, and fun briefing on the global economy, delivered every weekday morning.