Topic: Stanbic Bank
Safaricom secures Sh30 billion loan to strengthen its sustainability agenda
Sep 24, 2024 at 12:19 PM
In a bold move to cement its leadership in sustainability, Safaricom has secured a second Sh15 billion Sustainability Linked Loan, doubling its total to an impressive Sh30 billion....
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 ...
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 Bank reports sharp decline in Kenya's business activity amid economic uncertainty
Jul 04, 2024 at 03:39 PM
The Stanbic Bank of Kenya's latest Purchasing Managers' Index™ (PMI®) data reveals a substantial downturn in Kenyan business activity in June, influenced by ongoing economic cha...
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,...
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...
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 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....
Kenyans bracing for a surge in virtual workspaces amidst economic challenges
Nov 13, 2023 at 03:10 PM
Kenyan employees are anticipated to embrace virtual workspaces in 2024, as forecasted by Bowmans, prompting a reevaluation of the legal implications associated with such arrangemen...