As of December 2018[update], SBM Bank Kenya had an asset base of KSh70,647,739,000 (approx.

[5] The total assets inherited from Chase Bank in 2018, were valued at approximately US$600 million.

[7] In November 2016, SEM listed SBM Group announced that it has reached an agreement to acquire a majority stake in the bank.

[9][10] In April 2018, SBM Holdings of Mauritius concluded the acquisition of the majority of assets and liabilities of Chase Bank Kenya Limited, which had been under receivership since April 2016.

[5] SBM Bank (Kenya) is a privately held institution.