SBM Bank Kenya Swings Back to Profit with KSh 202 Million Half-Year Earnings

SBM Bank Kenya has announced a remarkable return to profitability, posting a net profit of KSh 202 million for the half-year ended June 2025, a significant turnaround from the KSh 943 million loss recorded during a similar period in 2024. The strong performance is anchored on a robust recovery strategy, effective cost management, and growing customer confidence. The bank’s operating income surged by 65%, rising from KSh 1.7 billion to KSh 2.8 billion, largely driven by increased lending, improved customer activity, and better deployment o.......