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SBM Bank Kenya

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A Chase Bank branch in Kenya.
BUSINESSECONOMY

Chase Bank Set for Liquidation to End 5-Year Saga

On April 7, 2021, KDIC submitted the Receiver’s Report to CBK recommending that CBLIR be liquidated. The report indicates that considering the weak...

FEATURED STORY

SBM Bank Q1 Profit Hits Sh66 Million

Customer deposits increased from Ksh51.3 billion to Ksh55.7 billion

FEATURED STORY

SBM eyes Eastleigh, Gikomba Sh2b daily economy with new branches

SBM Bank Kenya has opened two more branches in Nairobi targeting the Ksh 2 billion that changes hands in the thriving Eastleigh and...

FEATURED STORY

KCB ends Chase Bank receivership role

This follows the Central Bank of Kenya’s approval of the transfer of selected assets and liabilities of the lender to SBM Bank Kenya

FEATURED STORY

Banks slow down acquisitions and mergers

Only one acquisition has been recorded so far IN 2018, a departure from last year where the country registered four, with more banks...