Banking News

The latest banking coverage from The News Booth — 2 stories and counting.

Business

SBM Bank Kenya Profit Soars 122% to Sh911 Million

SBM Bank Kenya has reported a 122 per cent increase in pre-tax profit to Sh911 million for the nine months to September 2026, up from Sh411 million recorded during the corresponding period last year, following growth in income and improvements in credit management.

2 hours agoBy Stacy Achieng

Business

Absa Opens Second Sales and Service Pod on Coast

Absa Bank Kenya has expanded its customer service network on the Coast with the opening of a second Sales and Service Pod at Nyali Bazaar Mall in Mombasa, as the lender seeks to improve access to banking services and grow its customer base.

2 hours agoBy Stacy Achieng