JPMorgan Chase receives Kenyan Central Bank approval to establish a representative office in Kenya.
JPMorgan Chase has received approval from Kenya's Central Bank to establish a representative office in the country, enhancing its presence in Africa. This office will serve as a marketing and liaison center but cannot engage in direct banking activities. The move aligns with CEO Jamie Dimon's upcoming visit to Kenya and is expected to stimulate trade and investment, while contributing to the diversification of Kenya's financial sector.
October 14, 2024
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