AbstractLet 𝔄 be a unital Banach algebra and ℜ its Jacobson radical. This paper investigates Banach algebras satisfying some chain conditions on closed ideals. In particular, it is shown that a Banach algebra 𝔄 satisfies the descending chain condition on closed left ideals then 𝔄/ℜ is finite dimensional. We also prove that a C*-algebra satisfies the ascending chain condition on left annihilators if and only if it is finite dimensional. Moreover, other auxiliary results are established.