SBM Bank Kenya

5 Articles
A Chase Bank branch in Kenya.
BUSINESSECONOMY

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...

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SBM Bank Q1 Profit Hits Sh66 Million

SBM Bank has reported a 7.7% increase in operating income year-on-year, resulting to a profit before tax of Ksh66 Million for the first...

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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

KCB Bank Kenya Ltd has completed its assignment as the Kenya Deposit Insurance Corporation (KDIC) appointed receiver manager in Chase Bank Ltd (In...

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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...