Smep Microfinance Bank Limited has grown to join the top tier of Kenya’s micro-banks on the backdrop of the sale of a majority stake in the lender last year.
The Central Bank of Kenya (CBK) now ranks Smep as the third largest micro-finance bank (MFB) in the country behind Faulu and the Kenya Women in the top-tier category. Smep ranks ahead of Rafiki and Caritas in the category.
