Chase Bank Kenya: Purpose, Values, FAQ, Contact Details

Chase Bank Kenya Limited, commonly referred to as Chase Bank, was a commercial bank in Kenya, licensed by the Central Bank of Kenya, the central bank and national banking regulator.

Table of Contents

FAQ

Is there a Chase Bank in Africa?

JP Morgan Chase presently has branches in South Africa and Nigeria.

Who bought Chase Bank Kenya?

Mauritian lender, SBM Holdings, booked a bargain purchase gain of Sh3. 82 billion in a deal that saw the Central Bank of Kenya (CBK) allow it to carve out certain assets and liabilities from the collapsed Chase Bank Kenya. A bargain purchase occurs when a firm is bought out at a lower value than its fair market value.

Is a chase a good bank?

Chase has a good basic checking account, and its sign-up bonuses earned it a place in NerdWallet’s Best-Of Awards for 2020. But its savings rates are generally low, and some fees are high and hard to avoid.

Which bank is best in Africa?

Standard Bank Group is a financial institution, offering banking and financial services to individuals, business, institutions and corporations both in Africa and internationally.

What bank is associated with Chase?

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with $2.6 trillion in assets and operations worldwide.

Contact Details

Head office Address: Junction of Ring Road
Riverside and Riverside Westlane
along Riverside Drive Nairobi, 00800

Tel: +254 730 175 000, + 254 709 800 000
Fax: +254 445 48 16

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