SBM Bank Kenya
Add a review FollowOverview
-
Sectors Banking
-
Posted Jobs 3
-
Viewed 97
-
Founded Since 1850
Company Description
SBM Bank Kenya
SBM Bank Kenya is the local arm of Mauritius‑based SBM Holdings, entering the Kenyan market in May 2017 through the acquisition of Fidelity Bank, later absorbing Chase Bank assets. Regulated by the Central Bank of Kenya, it operates around 33 branches nationwide alongside ATMs, agency, mobile, and internet banking, serving over 100,000 customers . Under CEO Bhartesh Shah, the bank recorded a notable turnaround in Q1 2025, reporting a KSh 12.4 million after‑tax profit and 13.6 % asset growth to KSh 102.9 billion. Its strategy targets SMEs, mass‑affluent clients, and digital innovation, supported by strong capital and liquidity ratios .
