Topic: Stanbic
Changamka festival kicks off with Salim Mvurya’s call to support Kenya’s local industries
Nov 06, 2024 at 12:56 PM
At Nairobi's iconic Kenyatta International Conference Centre (KICC), Kenya’s largest showcase of locally crafted goods, the Changamka Kenya Shopping Festival, kicked off today, d...
Stanbic Bank and Mastercard unveil two exclusive credit cards for affluent clients
Oct 30, 2024 at 04:14 PM
Stanbic Bank Kenya, in collaboration with Mastercard, has introduced two exclusive credit cards for its affluent clients: the Stanbic World and Stanbic World Elite cards....
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Stanbic Bank Kenya unveils two new investment funds in bid to drive growth
Sep 04, 2024 at 11:08 AM
Stanbic Bank Kenya has officially launched two new investment products, the Stanbic Money Market Fund (KES) and the Stanbic Fixed Income Fund (USD), following their approval by the...
Stanbic Holdings posts 2 per cent rise in half-year profit to Sh7.2 billion
Aug 09, 2024 at 01:58 PM
Stanbic Holdings Plc has reported a resilient performance for the first half of 2024, with profit after tax rising marginally by two per cent to Sh7.2 billion....
What Stanbic Bank, IHRM partnership means for local HR professionals
Jul 17, 2024 at 12:03 PM
In a significant development for the Kenyan Human Resource (HR) profession, the Institute of Human Resource Management (IHRM) has entered into a strategic partnership with Stanbic ...
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Stanbic Bank Kenya unveils SME growth strategy at Changamka Festival
Jul 05, 2024 at 12:19 PM
At the vibrant Changamka Shopping Festival, an event celebrating Kenya's manufacturing milestones, Stanbic Bank Kenya has once again demonstrated its unwavering commitment to the g...
Stanbic, MiDA and Acorn partner for Sh91.5 billion green student hostels
May 27, 2024 at 04:58 PM
A monumental partnership has been forged between Stanbic Bank, MiDA Advisors, and Acorn Holdings to secure Sh91.5 billion in long-term blended finance for the development of green,...
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Stanbic grapples with income decline despite 2.7 per cent profit inch up in Q1
May 10, 2024 at 02:07 PM
Stanbic Bank Kenya, the cornerstone subsidiary of Stanbic Holdings on the Nairobi Securities Exchange, witnessed a significant decline in its operating income despite posting a 2.7...
Fintech ambitions hit pause as Stanbic Holdings holds off on subsidiary
Mar 12, 2024 at 04:32 PM
Plans for a dedicated fintech subsidiary by Kenyan financial powerhouse Stanbic Holdings have come to a surprising halt, just months after receiving a green light from the Capital ...
Stanbic Bank scores big with Sh1 billion windfall from Diageo-EABL agreement
Mar 07, 2024 at 10:02 AM
Stanbic Bank Kenya has emerged as a big winner in the recent acquisition of an additional 14.97 per cent stake in the East African Breweries (EABL) by British multinational Diageo....
Stanbic Bank net profit surges 34.2 per cent to Sh12.16 billion in tough economy
Mar 06, 2024 at 11:04 AM
Stanbic Holdings has recorded an impressive surge in net profit of 34.2 per cent to Sh12.16 billion, marking the highest level in the company's history....
Uncertainties surround NOC’s revival plan as MPs raise alarming concerns
Jan 04, 2024 at 12:12 PM
The National Oil Corporation of Kenya (NOC) finds itself at a crossroads as a parliamentary committee sheds light on significant shortcomings in its revival plan, particularly rega...
Stanbic Holdings appoints former NMG CEO Joseph Muganda as new chairman
Dec 21, 2023 at 05:53 PM
Stanbic Holdings PLC has announced the appointment of former Nation Media Group (NMG) CEO Joseph Muganda as the Chairman of its board, effective January 1, 2024....
Stanbic Holdings Half Year profit after tax goes up by 47 per cent to Sh7.1 billion
Aug 10, 2023 at 02:43 PM
Stanbic Holdings has posted a 47 per cent profit after tax of Sh7.1 billion for the half-year period ended June 2023 on the back of a significant growth in revenue and balance shee...
Stanbic Holdings records Sh7.2 billion in profit on back of COVID-19 interventions
Mar 04, 2022 at 03:06 PM
Stanbic Holdings announced a profit of Sh7.2 billion for the year ended December 31, 2021....
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