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Originally published by Capital Business
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business
August 21, 2026
2h ago

SBM Bank opens 34th branch in Nanyuki

SBM Bank opens 34th branch in Nanyuki

The lender plans to tap into the region's conservancy economy, including Ol Pejeta, Lewa, Borana and Loisaba, as well as high-end tourism lodges, flower and horticulture exporters, the British Army Training Unit Kenya (BATUK), SMEs, real estate developers and agribusinesses in Na..

✨ Key Highlights

SBM Bank Kenya has officially opened its 34th branch in Nanyuki Town, Laikipia County, aiming to serve the region's diverse economic sectors.

  • The new branch will target key industries including tourism, agriculture, real estate, SMEs, and conservancies like Ol Pejeta and Lewa.
  • SBM Bank Kenya CEO Bhartesh Shah highlighted the strategic importance of Nanyuki as a high-growth market.
  • This expansion follows SBM Bank's strong financial performance, with a 171.3 percent increase in profit before tax to Sh548 million in the six months ended June 30, 2026.

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