Today's story
SBM Bank Kenya H1 Profit Surges 171%
SBM Bank Kenya posted a 171% rise in first-half pretax profit to 548 million shillings as deposits and loans grew and asset quality improved, with gross NPLs falling to 17.3% from 32.4%. The results were driven by higher net interest income and a 54% jump in non-funded income, supported by a 24% rise in customer deposits and strategic technology upgrades, including the Oracle FLEXCUBE 14.8 deployment.
Finance · 5 sources · Jul 22, 2026Read itThe journal
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About FidelityBank
SBM Bank (Kenya) Limited, is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the country's central bank and national banking regulator.
Everything about FidelityBank →- Headquarters
- Nairobi
- Inception
- 1988
- Website
- http://www.fidelitybank.co.ke/