SBM Bank taps Sh471m fresh capital from parent

SBM Bank

SBM Bank's Mama Ngina Street branch in Nairobi.

Photo credit: File | Nation Media Group

Mauritius’ SBM Holdings last year made a Sh471 million capital injection in SBM Bank Kenya, marking the latest support to the local subsidiary.

SBM Bank Kenya, which is fully owned by SBM Holdings, says in its latest annual report that the amount was received during the financial year ended December 2023 as additional shareholder capital.

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