SBM
Cytonn’s Alma Project Cleared for Auction as Court Lifts Block on SBM Bank Recovery Move
The long-running dispute over Cytonn’s Alma residential project in Ruaka has taken a decisive turn after the Court of Appeal cleared the way...
SABRINA BT2 Mins read
SBM to Shut Down Five Branches in December
SBM bank has announced that it will shut down five branches in December as the bank moots cutting down on costs and enhancing...
Samuel Gitonga1 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
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...
LUKE MULUNDA1 Mins read
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...
REUTERS1 Mins read
SBM makes offer to buy some Chase Bank assets
Mauritius’s SBM Holdings has made a binding offer for some of the assets and liabilities of Kenya’s Chase Bank, the Kenyan central bank...
REUTERS1 Mins read
