SBM Bank Kenya Profit Jumps 171% On Growing Customer Deposits
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SBM Bank Kenya has posted a 171% jump in first-half profit due to lower credit losses, stronger deposit growth and rising transaction income which boosted earnings. The lender reported that cutting bad loans, growing customer deposits and expanding lending, in the six months ended June 30 saw its profit before tax hit $4.2 million, from […]
The post SBM Bank Kenya Profit Jumps 171% On Growing Customer Deposits appeared first on TechMoran.
The post SBM Bank Kenya Profit Jumps 171% On Growing Customer Deposits appeared first on TechMoran.
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