Most operations at Chase Bank back to normal

Chase Bank has resumed most services as it rises from the ashes of receivership. With the support of Kenya Commercial Bank, who is the receiver manager appointed by Kenya Deposit Insurance Corporation (KDIC), the bank has resumed key banking services such as Real Time Gross Settlements (RTGS) and Electronic Funds Transfers (EFT).

Chase bank customers view a notice pinned on the entrance of the bank's River road branch in Nairobi after it was placed under receivership for one year by Central bank of Kenya on 07/04/2016. Photo WILLIS AWANDU

Agency Banking, trade finance, foreign exchange transactions and cheque clearance have also resumed. This effectively gives customers access to all transactions, barely a fortnight after the lender reopened on April 27.