Home Business SBM Bank merges branches in cost-cutting plan

SBM Bank merges branches in cost-cutting plan

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Nation | by Brian Ambani


SBM Kenya has announced plans to consolidate three of its bank branches in a cost-cutting plan as customers flock to digital banking tools.

The Covid-19 pandemic has seen banking halls register reduced foot traffic, which has seen lenders cut back on in-person banking by closing and merging branches…

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