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Originally published by The Standard Business
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April 29, 2026
2h ago

Bank commits Sh1b to green financing

Bank commits Sh1b to green financing

SBM Bank Kenya has launched a Sh1 billion Green Finance Facility to support the adoption of electric and hybrid vehicles..

✨ Key Highlights

SBM Bank Kenya has launched a new initiative aimed at promoting eco-friendly transportation within the country.

  • The bank has committed Sh1 billion to its Green Finance Facility, available over the next 12 months.
  • This fund will support consumers and businesses in adopting electric and hybrid vehicles.
  • The initiative seeks to reduce Kenya's carbon footprint and foster a sustainable, zero-emission future.

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