Topic: Stanbic
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....
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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....
