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SBM Bank Kenya has reported a 30 per cent increase in loans and advances for the third quarter ending September 30, 2022 compared to a similar period last year.
Net loans and advances rose to Sh36.3 billion in the third quarter from Sh27.9 billion in quarter three of last year. The bank reported a total asset position of Sh82.3 billion as of September 30 this year, a 1.7 per cent increase from Sh80.9 billion reported in a similar period last year.
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