StanChart Targets Nakumatt Land Over Unpaid Loans

Standard Chartered Bank Kenya has warned that it will begin selling off land tied to the failed supermarket chain Nakumatt unless the company’s...

SABRINA BT2 Mins read

BUSINESS FEATURED ARTICLE NEWS

Standard Chartered Bank Kenya in C-Suite Changes After Profit Drop Alert

Standard Chartered Bank Kenya(SCBK) Limited, the first lender in Kenya to deploy automated teller machines(ATMs), has undertaken deep changes within in top executive...

JACKSON OKOTH3 Mins read

MARKETS

What Is This SC Shilingi Funds?

"Invest while you save! SC Shilingi funds help you to invest your daily, weekly, or monthly savings in short-term money market funds that...

JUSTUS KIPRONO3 Mins read

In 2021, Standard Chartered Kenya paid a record dividend of Ksh7.1 billion or Ksh14 per share. Net profit for the year had risen 62 per cent to Ksh9.04 billion.

FEATURED ARTICLE

Moi Family Moves StanChart Stake as Empire Shake-up Continues

The Moi Family has transferred some of its shares in Standard Chartered Bank Kenya in what is believed to be part of the...

MARTIN SIELE1 Mins read

Standard Chartered will continue to offer retail banking services in 10 African markets. [Photo/ RAG]

FEATURED ARTICLE

In Africa Exit Plan, StanChart Keeps Kenya

Kenya is among key markets retained by Standard Chartered as the bank moves to significantly reduce its presence in Africa. From operating in...

MARTIN SIELE1 Mins read

A Standard Chartered Bank Kenya outlet in Nairobi. The bank is counting on continued investment in digital channels to drive profitability amid the pandemic. [Photo/ File]

BUSINESS

Mobile Loans: StanChart Takes on Big Boys With New App

Standard Chartered Bank Kenya is set to compete with major players in the digital lending space including Kenya Commercial Bank (Kenya Commercial Bank),...

MARTIN SIELE2 Mins read

FEATURED ARTICLE

StanChart Issues Profit Warning as Coronavirus Dampens Lender’s Prospects

Standard Chartered Bank Kenya Plc on Wednesday issued a profit warning indicating that its profits for the full year ending December 31, 2020,...

Samuel Gitonga1 Mins read

FEATURED ARTICLE

Getrude’s Hospital Secures Sh200 Million Loan From StanChart For COVID-19 Fight

Gertrude's Hospital on Tuesday secured a Ksh200 million loan from Standard Chartered Bank Kenya drawn from the lender's global USD1 billion (Ksh108.4 billion)...