ɪn noʊvˈɛmbɚ tˈuː θˈaʊzənd sˈɪkstiːn, ˌɛsbˌiːˈɛm ɡɹˈuːp ɐnˈaʊnst ðˌɐɾɪt hɐz ɹˈiːtʃt ɐn ɐɡɹˈiːmənt tʊ ɐkwˈaɪɚɹ ɐ mədʒˈɔːɹᵻɾi stˈeɪk ɪn kˈɛnjə bˈeɪst fᵻdˈɛlᵻɾi kəmˈɜːʃəl bˈæŋk lˈɪmɪɾᵻd.
In November 2016, SBM Group announced that it has reached an agreement to acquire a majority stake in Kenya based Fidelity Commercial Bank Limited.