SCBK
Data as of Sep 01, 2026
In The News
Standard Chartered Bank Kenya(SCBK) saw its half-year net profit drop 16.8% to KSh 6.7 billion as falling interest rates squeezed core Interest Income, which fell 17.55 to KSh 14.2 billion. Financial Statements Highlights Net Profit: KSh 6.73billion (down 16.83%) Operating Income: KSh 20.14billion (down 8.82%) Total Assets: KSh 418.13billion (up 12.37%) Total Dividend: KSh 8.50 […]
Standard Chartered has posted a record first-half operating income of Ksh 1.5 trillion and a profit before tax of Ksh 620 billion, prompting the lender to upgrade its income guidance and announce a Ksh 129 billion share buyback programme. The bank said operating income for the six months ended June 30, 2026, increased by 6 […]
'I think the challenge one gets is that the pace of change is so fast for all our businesses and clients, which calls for internal change.' ...
'We have been complying fully with that. We do not expect any further provisions with respect to the 629 claimants.'
The bank's transition from owner to tenant aligns with its strategy of scaling down its physical footprint while expanding its digital presence.
The scheme also sought a stay of execution, saying the 90-day period granted by the RBA was likely to expire before the appeal was heard and determined.
Kenya's new global bond market link puts Standard Chartered at the centre of every qualifying foreign investment into government securities. Here's why the role matters.
The deal will see the Nairobi Securities Exchange-listed firm earn substantial fees as the National Treasury seeks to deepen the base of investors buying the country’s debt instruments.
Standard Chartered has said that the planned disposal of its head office does not signal an exit from Kenya, but is part of a shift in how it deploys capital.
Lengthy court processes often tie up capital for years, increase legal costs and create uncertainty for lenders and borrowers alike.
The bank has observed growing interest in hedging solutions designed to protect future cash flows, imports, investment returns and foreign currency obligations.
Absa Bank Uganda has received approval of the Bank of Uganda (BoU) to acquire Standard Chartered Bank Uganda’s wealth and retail banking business
Registration for the 23rd edition of the Standard Chartered Nairobi Marathon (SCNM) is officially open to local, international and elite runners, with the organiser encouraging early sign-ups as several categories are expected to fill faster than in previous years. Building on the 2025 edition, which attracted 30,602 participants from 98 nationalities including more than 200 […]
StanChart Bank Kenya Q1 2026 profit after tax fell 26.3% to KSh 3.58Bn as net interest income posted its steepest annual decline on record amid CBK rate cuts.
Standard Chartered Bank Kenya released its Q1 earnings, posting a 26.3% fall in Earnings Per Share(EPS)-an indicator of profitability- to KSh 9.47, as the lender’s topline faced pressure from thinner margins. The lender issued a profit warning for 2025 end year, due to its huge pensions bill. The squeezed performance was partly attributable to a […]
Stan Chart’s first quarter profit decline contrasts to other tier I peers who managed to post higher profits, largely from expanded lending margins even as interest rates fell sign ...
Younger Kenyans are entering formal investment products earlier, helping drive rapid growth in StanChart’s digital money market offering
The lender is offloading property assets as it shifts focus from branches to digital banking.
StanChart Bank Kenya Limited plans to dispose its Chiromo headquarters in Westlands, Nairobi, as part of a strategic shift toward an “asset-light” model, with the sale expected to be complete by June 2026. The seven-storey StanChart Bank Kenya Head Office, with a book value of approximately KSh1.41 billion, occupies 1.88 acres along Chiromo Road and […]
Standard Chartered Bank Kenya has intensified its multi-year reorganization, combining the sale of its headquarters with a continued reduction of its physical workforce
StanChart is trading headcount for technology as it reshapes its banking model.
Standard Chartered has successfully coordinated a syndicated financing package exceeding USD 2
Standard Chartered Plc plans to expand sustainable financing initiatives in Kenya and across Africa, seeking to channel more capital into key sectors such as agriculture, healthcare and manufacturing as the region positions itself for increased investment flows. The London-based lender said Thursday it will deepen partnerships with development finance institutions and public sector entities to […]
This marks the first time in five years for the lender to reduce dividends. ...
Standard Chartered Kenya profit fell 38% to 12.44 Bn in FY2025 on rate compression, forex normalization, and a 2.6 Bn charge from a 16-year pension dispute.
Standard Chartered Bank Kenya reported an after-tax profit of KES 12
Standard Chartered Bank Kenya has issued a statutory notice to collapsed retailer Nakumatt Investments Limited over unpaid loans connected to Nakumatt Holdings,
Standard Chartered Bank Kenya has warned that it will begin selling off land tied to the failed supermarket chain Nakumatt unless the company’s investment arm pays back a huge debt. In a statutory notice published on March 5, 2026, the bank said Nakumatt Investments Limited must settle the outstanding balance within 90 days, or it […]
Nakumatt was once East Africa’s largest supermarket chain, operating more than 60 outlets across Kenya, Uganda, Tanzania and Rwanda. ...
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 suite since issuing a profit warning after losing a costly pensions settlement dispute. The first casualty was its Chief Executive Officer Kariuki Ngari, who proceeds to retirement after being in SCBK as […]
Standard Chartered Bank Kenya has named Gladys Warirah CFO, replacing Chemutai Murgor who exits in May 2026, ahead of FY 2025 results after a profit warning.
Standard Chartered Plc’s Kenyan unit is expanding its partnership with coffee chain ArtCaffé, opening a second co-shared banking centre as it accelerates a shift toward advisory-led services in East Africa’s largest economy. The new facility, located within ArtCaffé’s outlet in Nanyuki town, will serve as the lender’s hub for clients in the Mt. Kenya region. […]
Standard Chartered Kenya has been named Kenya’s best trade finance provider at the Global Finance Awards 2026, underscoring the lender’s push to digitise trade flows and expand sustainable working capital solutions in East Africa’s largest economy. The recognition comes as the bank accelerates the migration of trade transactions onto its Straight2Bank platform, with more than […]
The case arose from events in late 2017 when a customer service officer filed a sexual harassment complaint against a sales officer while Ms Mithano was on leave.
The Board of Standard Chartered Bank Kenya Limited has announced the upcoming retirement of Mr
Tier I lender Standard Chartered Bank Kenya Limited has announced the appointment of Birju Sanghrajka as Managing Director and Chief Executive Officer, and Head of Coverage for Kenya, subject to regulatory approvals
Standard Chartered Bank Kenya Ltd. named Birju Sanghrajka as its next chief executive officer, succeeding Kariuki Ngari who is retiring after leading a multi-year digital overhaul of the lender’s operations. Sanghrajka, currently the head of corporate and investment banking for the Kenya unit, will take over the top role on April 16, subject to regulatory […]
Standard Chartered Bank Kenya has appointed Birju Sanghrajka as CEO ahead of Kariuki Ngari’s retirement in April 2026, ending a 24-year career at the bank
Standard Chartered has appointed Dalu Ajene as its new Chief Executive Officer for Africa, giving him dual responsibilities as regional CEO and Head of Coverage for the continent. The move comes after Ajene’s high-impact tenure as CEO of Standard Chartered Nigeria, a role he assumed in April 2024. During his time leading the Nigerian operations, […]
The lender has named Birju Sanghrajka as CEO designate.
Before joining StanChart, Mr Ajene served as chief executive of Rand Merchant Bank Nigeria, adding to a career spanning more than 25 years in the financial services sector. ...
Standard Chartered Group has reached a decision to proceed with exploring the sale of its entire Botswana business, which includes both Corporate & Investment Banking (CIB) and Wealth and Retail Banking (WRB)
Stanchart Kenya has reported a 38.2 per cent drop in net profit to Sh9.8 billion for the nine-month period ended September 30, 2025 on falling operating income and one-off pension payout to former employees.
The Employment and Labour Relations Court has rejected a trade union’s attempt to compel StanChart to disclose detailed personal information about its employees
As at the end of the third quarter of the 2025 financial year, Standard Chartered Bank Kenya Limited announced a profit after tax of KES 9
StanChart reported a net profit of Sh9.7 billion, down from Sh15.8 billion over nine months to September last year.
StanChart reported a 38% drop in Q3 profit after a 2.7Bn pension charge tied to the Supreme Court and RBAT rulings, with income declining across core lines.
COMESA has opened a formal inquiry into Absa Bank Uganda’s planned acquisition of Standard Chartered Bank Uganda’s wealth and retail banking business,
A 1982 loan triggered a 4-decade fight over continuing security, ending with a Supreme Court ruling that restored StanChart’s win over Manchester Outfitters.
Standard Chartered Uganda will transfer its retail and wealth banking business to Absa Bank Uganda, while retaining corporate and investment banking operations.
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