Finance

JPMorgan Chase Establishes Kenya Office Following Regulatory Approval

• Cedric Malan
• Oct 15, 2024
• 0 Comments

JPMorgan Chase has received approval to establish a representative office in Kenya, marking the end of a 12-year regulatory delay. This move signals the bank's intention to expand its operations within Africa. The CEO of JPMorgan, Jamie Dimon, is expected to visit Kenya as part of a wider tour across four African nations, aiming to strengthen the bank's foothold on the continent. This development highlights Kenya's status as a critical financial services hub.