C
Originally published by Capital Businessbusiness
November 11, 2025
2h ago
SBM Bank swings to Sh412mn profit in nine months

NAIROBI, Kenya, Nov 11 – SBM Bank Kenya has reported a Sh412 million profit before tax for the nine months ending September 30, 2025, marking a strong Kenya breaking news | Kenya news today |..
✨ Key Highlights
SBM Bank Kenya announced a significant financial turnaround, reporting a Sh412 million profit before tax for the nine months ending September 30, 2025. This marks a strong recovery from a Sh1.3 billion loss in the same period last year.
- The bank's total assets grew to Sh104 billion from Sh97.5 billion.
- The turnaround is attributed to improved efficiency, cost control, and digital innovation under CEO Bhartesh Shah.
- Operating income climbed to Sh4.3 billion, with total operating expenses decreasing by 3.5 percent.
- The bank’s liquidity ratio stands at 42.9 percent, well above the regulatory minimum.
Continue Reading
Read the complete article from Capital Business

