SBM Bank Opens Free Business Hubs in Nairobi

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SBM Bank has opened three new Business Hubs in Nairobi, offering small and medium-sized enterprises (SMEs) free access to expert advisory services, business clinics, and networking opportunities.

The Business hubs, located at the bank’s Corner House (Kimathi Street), Adlife Plaza (Kilimani), and Watermark Business Plaza (Karen) branches, are part of the bank’s broader strategy to empower entrepreneurs and accelerate business growth across the city.

The launch was led by SBM Bank Kenya’s Board Chair, Shakilla Jhungeer, and CEO Bhartesh Shah.

“The [business] hubs will be a transformational platform for small and medium-sized business and we highly encourage our SME customers to take advantage of this opportunity to receive the financial advice, tools and resources they need to scale up their businesses,” said Jhungeer.

“As part of our continued SME-focused initiatives, SBM Bank will continue to expand the reach of the business hubs to ensure more entrepreneurs benefit from financial and capacity building support.” he added.

Designed as dedicated workspaces, the business hubs offer structured business clinics that address common SME challenges such as financial management, market expansion, and operational efficiency.

In addition, entrepreneurs can access expert advisory services tailored to their specific needs, including guidance on strategic planning, access to credit, and investment opportunities.

Read: SBM Bank Kenya Appoints New Chief Executive

Beyond professional support, the SBM Bank Business Hubs also serve as a networking platform—enabling entrepreneurs to connect with fellow business owners, potential partners, and experienced mentors.

The bank aims to help SMEs build strong relationships that drive sustainable growth by fostering collaboration and knowledge-sharing.

The business hubs complement SBM Bank’s suite of SME financial products, including the Jijenge Biashara offering, which provides accessible financing solutions to support business expansion.

The business hubs act as a physical extension of this initiative, providing a space where entrepreneurs can explore funding options and receive personalized guidance on how to leverage them effectively.

Since entering the Kenyan market in 2017 through the acquisition of Fidelity Commercial Bank, and later Chase Bank in 2018, SBM Bank Kenya has steadily grown its footprint to 39 branches across the country.

As a subsidiary of Mauritius-based SBM Group, the bank continues to roll out innovative solutions like Jijenge Biashara and a $10 million risk-sharing partnership with the African Guarantee Fund to strengthen local enterprises and support economic development.