logo

Societe Generale, SBM Holdings front-runners to acquire Chase Bank

PUBLISHED: Mon, 19 Jun 2017 14:22:10 GMT

Share

France’s third-largest bank by assets, Societe Generale, and Mauritius-based SBM Holdings are the front-runners to acquire troubled Chase Bank and its subsidiary, Rafiki Microfinance, the Business Daily can now reveal.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.