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SBM Bank Launches Sh1bn Green Finance Facility for EVs

SBM Bank Kenya has launched a Sh1 billion Green Finance Facility to accelerate the adoption of electric and hybrid vehicles. The facility, available over the next 12 months, provides consumers and businesses with credit to transition to eco-friendly mobility. The bank said lowering financial barriers to entry would help reduce Kenya’s carbon footprint and support a sustainable, zero-emission future. To…