Topic: Stanbic Holdings
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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...
Why NSE recorded historic surge of Sh38.6 billion in investor wealth
Mar 15, 2024 at 08:42 AM
Nairobi Securities Exchange (NSE) witnessed a momentous surge of Sh38.6 billion in investor wealth on Thursday, marking a significant milestone with the most substantial single-day...
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....
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....
Naivas poised for foreign ownership as Mukuha family prepares to divest shares
Jul 07, 2023 at 02:05 PM
In a notable development for Kenya's retail sector, Naivas, the country's largest supermarket chain, is poised for a foreign takeover as the family of its founder, Peter Mukuha Kag...
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....
