SBM

5 Articles
FEATURED STORY

SBM to Shut Down Five Branches in December

The bank says the review has been prompted by the need to rationalize its presence in different locations

FEATURED STORY

SBM to inject Sh6b into Chase Bank

Move provides hope to large depositors of the Kenyan bank, which collapsed in 2016, as they could start accessing their cash in the...

FEATURED STORY

Joshua Oigara: Why KCB did not bid to buy Chase Bank

[dropcap]W[/dropcap]hen Chase Bank was put up for sale last year, many eyes were trained on Joshua Oigara. The KCB Group which he heads...

FEATURED STORY

Mauritius bank buys out Chase Bank

Mauritius’s SBM Holdings will acquire 75% of the value of certain deposits of Kenya’s Chase bank plus matched liabilities, the Central Bank of...

FEATURED STORY

SBM makes offer to buy some Chase Bank assets

CBK has been seeking a strategic investor for the lender, which has been under receivership since April 2016 after failing to meet its...