Chase Bank
The Ksh14 Billion Hole That Was Used To Steal From Chase Bank
At least Ksh14 billion marked as outstanding interest was lost before Chase Bank collapsed, a Capital Markets Authority (CMA) investigation report has revealed....
FRANCIS MULI2 Mins read
Chase Bank Set for Liquidation to End 5-Year Saga
The Central Bank of Kenya (CBK) on Friday, April 16 announced the imminent liquidation of Chase Bank, which has been under receivership since...
BUSINESS TODAY2 Mins read
KCB ends Chase Bank receivership role
KCB Bank Kenya Ltd has completed its assignment as the Kenya Deposit Insurance Corporation (KDIC) appointed receiver manager in Chase Bank Ltd (In...
BT Correspondent1 Mins read
Banks slow down acquisitions and mergers
Commercial banks in Kenya have slowed down acquisitions and consolidation in 2018, having found ways to navigate the tough business environment brought about...
XINHUA2 Mins read
SBM to inject Sh6b into Chase Bank
 Mauritius-based SBM Holdings IS planning to inject Ksh 6 billion ($60 million) as starting capital following the acquisition of 75% of Chase Bank’s...
ESTHER KABOYO1 Mins read
SBM eyes more deals after Chase Bank acquisition
SBM Holdings, owner of Mauritius’s second-biggest bank, said it expects to be one of Kenya’s largest lenders within a year after acquiring part...
BT Correspondent1 Mins read
SBM concludes acquisition of 75% Chase Bank stake
Mauritian bank SBM Holdings has concluded the acquisition of Chase Bank, effectively ending the bank’s two year receivership. This after the bank signed...
BT Correspondent1 Mins read
Chase Bank can’t trace Sh4.5b mortgage defaulters
Half of Chase Bank customers stopped paying their home loans when the bank was put under receivership in 2016, it has emerged. According...
THE STANDARD2 Mins read
Tough times ahead for banks as risk penalty grows
[dropcap]C[/dropcap]ommercial banks are quietly but reluctantly coming to terms with a new requirement that could see those carrying higher risks being punished severely...
BT Reporter2 Mins read
