SBM Bank Kenya

5 Articles
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...

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SBM Bank Q1 Profit Hits Sh66 Million

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

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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...

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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

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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...