Chase Bank Kenya Resumes Processing of Standing Instructions

Chase Bank Kenya has officially started the processing of Standing Instructions as its services now take root among the customers.

The bank which went under receivership for three weeks bounced back more strongly and has now attracted the confidence of both the existing and the new customers.

In a statement seen by Soko Directory News Desk, the lender retaliated its commitment to serving the interests of its customers better than before.

“We recognize the fact that you as the customer has been regrettably inconvenienced and remain deeply to supporting you and your business.” The statement read in part.

Read: The Rebirth of Chase Bank Kenya

The lender than announced the resuming of the processing of the Standing Instructions. “We have resumed processing standing instructions. You do not need to reactivate the Standing Instructions, they shall continue running as scheduled.” The statement read.

Chase Bank is accredited for some products that are mainly tailored towards benefiting entrepreneurs in the country. Most of those who bank with the institution are entrepreneurs.

As Chase Bank comes back to its feet, the fate of the collapsed Imperial Bank is still unknown. Imperial Bank was placed under receivership and has not recovered ever since. On Thursday, the Central Bank of Kenya raised concerns that some of its officers who were conducting the investigation were being threatened.

The banking sector still remains volatile and the financial institutions are now working hard to restore confidence among their customers.