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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
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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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