STANDARD CHARTERED BANK LTD
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COMPANY DESCRIPTION
Standard Chartered Bank Limited is a financial services institution in Kenya offering banking products and services to the personal, commercial and corporate sectors. The financial institution is a subsidiary of Standard Chartered Bank Limited and has a presence in Asia, Africa, the Middle East, Europe and the Americas. The company offers a full-service offering ranging from transactional banking to loans, mortgages, insurance and investments, asset management and treasury services. Formerly known as The Chartered Bank, the company changed its name to Standard Chartered Bank in 1969. The former company was founded in 1853 and is headquartered in London, United Kingdom. Standard Chartered Bank Limited’s head office is in Nairobi, Kenya.
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Financial Reports for STANDARD CHARTERED BANK LTD
Gain access to detailed financial reports for Standard Chartered Bank Ltd, including annual reports, interim reports, and key financial statements. Stay informed about the bank’s performance, financial strength, and strategic vision with up-to-date financial information
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NAIROBI, March 12 (Reuters) - Standard Chartered Kenya (SCBK.NR), opens new tab is optimistic about the outlook for 2024 due to signs of improving economic fundamentals at home and abroad, its chief executive said on Tuesday, after posting a pretax profit jump for last year.
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01
StanChart Kenya upbeat on improving fundamentals, 2023 profit rises
Standard Chartered Bank Kenya posted a 28% rise in Net Earnings to KSh 6.91 Billion at the end of the six months’ period ended 30th June 2023. This is compared to a Net Profit of KSh 5.51 Billion over a similar period last year.
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02
Standard Chartered Kenya Half Year Net Profit Up 28% to KSh 6.9Billion
Kenya’s fiscal policy is set to benefit from a renewed focus on managing external liquidity concerns recede even as fiscal challenges persist. This is according to the latest global Market Outlook Report for 2024 from Standard Chartered.
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03
Investor Outlook Optimistic, says Standard Chartered Bank
Nairobi Securities Exchange – NSE
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KE0000000067 | ABSA |
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KE0000000158 | DTK |
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KE0000000554 | EQTY |
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KE0000000240 | HFCK |
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KE0000000125 | IMH |
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KE0000000398 | NBK |
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KE0000000406 | NCBA |
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KE0000000091 | SBIC |
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KE0000000448 | SCBK |
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KE1000001568 | COOP |