business
3 storiesSBM Bank Kenya Returns to Profit After Sh614m Turnaround: SBM Bank Kenya has announced a significant financial turnaround, returning to profitability after a challenging year. The bank posted a profit before tax of Sh614 million for the year ending December 31, 2025, a remarkable shift from a Sh1.6 billion loss in 2024. KCB Group also reported strong performance, with net profit increasing by 11% to reach Sh68.4 billion for the same period, driven by growth in lending and revenues. Meanwhile, Kenya's public debt has surged to Sh12.29 trillion as of December 31, 2025, marking a 4% increase from the previous six months, according to a report by the Controller of Budget. These stories collectively reflect Kenya's mixed economic landscape on March 11, 2026, with both banking sector recovery and rising government debt.






















