In the latest instance of an Indian fintech startup pursuing strategic partnerships with traditional banking institutions, neobank Jupiter is in talks to acquire a stake in SBM Bank India, three ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The savings account will serve to accelerate digital adoption in the ...

SBM Bank Kenya registered KSh 202 million profit before tax, reversing the KSh 943 million loss reported in the previous year The bank’s operating income increased by 65%, while expenses declined by 2 ...

India’s central bank has directed SBM Bank India to stop all outward remittance transactions in a blow to the bank and many of its fintech partners that offer services allowing users to invest in ...

Central Bank of Kenya and Kenya Deposit Insurance Corporation on Tuesday announced the signing of an agreement for the acquisition of certain assets and assumption of deposits by SBM Bank Kenya ...

SBM Bank Kenya is fighting back against a $7.5 million (Sh904.5 million) debt claim by Mauritius-based lender Afrasia Bank that is threatening to trigger a liquidation process. Afrasia Bank, in a ...

SBM Bank Kenya posted a Sh444.2 million profit for the year ended December, riding on cost cutting to mark an improvement from Sh1.2 billion loss the year before. The lender cut its cost of funds by ...

SBM Bank India and OPEN Financial Technologies Pvt Ltd today announced a strategic partnership for launching Asia’s first end-to-end Embedded Finance platform- Zwitch- to offer a no-code, low-code and ...

SBM Bank Kenya has opened a special deposit window targeting Sh3.5 billion in fresh funds, offering investors annual returns of up to 11.25 percent and 6.5 percent for deposits of at least Sh10 ...