SBM Bank Kenya يفتتح فرعه الرابع والثلاثين في بلدة Nanyuki : TechMoran

SBM Bank Kenya has opened its 34th branch in Nanyuki Town, expanding its footprint into Laikipia County to serve small and medium-sized enterprises, real estate developers, agribusinesses and the region’s conservancy and tourism sectors. The new branch targets customers in Nanyuki and Timau and aims to support high-end lodges, large-scale flower and horticulture exporters, and institutional clients such as the British Army Training Unit Kenya (BATUK).

“Nanyuki is exactly the kind of market our strategy is built for. The region is a high growth economy where relationship banking and digital convenience should work together. We are determined to bring banking closer to our customers at a time when our own numbers show the model is working. This branch is not a one-off activity, it is proof that we can back our growth ambitions with a strong balance sheet,” said Bhartesh Shah, CEO of SBM Bank Kenya.

The launch was welcomed by local leadership. H.E. Joshua Irungu, Governor of Laikipia County, highlighted the county’s diverse economic base and invited private sector investment: “Laikipia’s economy has thriving sectors that create a perfect investment environment, especially for the private sector. I take this opportunity to invite the private sector to take a serious look at what our region has to offer. From agribusiness and tourism to real estate and manufacturing, the potential here is enormous, and we are ready to work with partners who share our ambition for this region.”

السياق والأداء المالي وراء التوسع

The Nanyuki branch follows the bank’s Kilifi opening in July 2025 and is part of a broader push to deepen market penetration beyond Kenya’s primary urban centres. The expansion comes alongside notably stronger financial results for the bank in the six months ended 30 June 2026, which management says underpin its capacity to grow the branch network.

• Profit before tax rose 171.3% to KSh 548 million.
• Net profit after tax climbed 88.2% to KSh 380.2 million.
• Operating profit increased 279% to KSh 852 million.
• Customer deposits grew 24% to KSh 94 billion.
• Net loans and advances rose 18% to KSh 54.1 billion.
• Total assets reached KSh 109.9 billion, up from KSh 105.7 billion at end-December 2025.
• Gross non-performing loan ratio improved to 17.3% from 32.4% a year earlier.
• Shareholders’ equity strengthened to KSh 11.1 billion.

SBM Bank Kenya says the Nanyuki branch will combine in-person advisory services with a tailored digital banking suite to meet the needs of conservancies, flower and horticulture exporters, SMEs, farmers and institutional customers. The bank specifically named Mt. Kenya conservancies including Ol Pejeta, Lewa, Borana and Loisaba as parts of the local economy it intends to support.

التوقعات

The new branch underscores SBM Bank Kenya’s strategy of marrying relationship banking with digital services in regional commercial hubs. Management frames the Nanyuki opening as evidence the bank can sustain growth while improving asset quality and profitability. Going forward, the bank appears positioned to leverage stronger deposit balances and an expanding loan book to back lending and services for agribusiness, tourism, real estate and other private-sector activities across emerging markets in Kenya.