Stanbic

Sati Gata-Aura emerged as the overall winner of this year’s Africa Concours d’Elegance, held at the Ngong Racecourse on Sunday, 29th September. Gata-Aura’s meticulously restored 1977 Nissan 160J garnered 269 …

Stanbic Bank Kenya has signed a Memorandum of Understanding (MoU) with Simba Corporation, a leading distributor of renowned automotive and asset brands. This partnership will see the Bank offer comprehensive …

Stanbic Bank Kenya has launched the Stanbic Money Market Fund (KES) and the Stanbic Fixed Income Fund (USD) following approval by the Capital Markets Authority earlier this year. The funds …

Stanbic Bank Kenya, in collaboration with the Stanbic Kenya Foundation and the Kisii County Government, has today announced a new partnership aimed at empowering youth, women, and small businesses in …

Stanbic Holdings Plc has announced a KES 7.2 billion profit after tax for the half year ended June 30, 2024. The listed company with operations in Kenya and South Sudan, …

Protests in Kenya disrupted the private sector in July, leading to a marked deterioration in business conditions. Political instability led to a reluctance among customers to commit to new orders, …

Stanbic Holdings Plc (the Group) channeled over KES100B to projects, solutions, and initiatives that promoted sustainability, MSMEs, and trade in Kenya and South Sudan in 2023. Tied to its purpose …

With the challenging economic conditions persisting in the nation over recent years, businesses have consistently faced tough circumstances. To mitigate this, the Stanbic Kenya Foundation and USADF have been partnering …

Stanbic Bank Kenya has launched the “Switch Campaign,” an initiative aimed at mobilizing deposits and rewarding new and existing customers. During the campaign period, the Bank will award new and …

Stanbic Bank and Mobikey Kenya, a leading player in the zero-mileage vehicle distribution industry and a member of Grupo Jap have signed a Memorandum of Understanding (MOU) set to transform …

Stanbic Bank and MiDA Advisors will be partnering with Acorn Holdings, an established real estate developer, to mobilize $700 million in long-term blended finance commitments for green, affordable student housing …

To provide an optimized banking experience, Stanbic Bank has begun upgrading its core banking system called Temenos 24 (T24). The upgraded system will move the Bank to the latest version. …

Stanbic Bank took center at the ongoing China-Africa Economic Trade Exhibition (CAETE) from 9th May -11th May 2024, reaffirming its commitment to strengthening relations between Africa and China. As the …

Stanbic Bank Kenya is pleased to announce the successful financial close of a landmark transaction with National Cement Company Ltd (“NCCL”), securing a KES 4.3 billion term debt facility. This …

Stanbic Holdings Plc has announced a KES 12.2 billion profit after tax and a total dividend payout equivalent of 50% of its earnings for the financial year ended December 31, …

Kenya’s private sector economy moved closer to growth territory in January, according to the latest PMI® survey data. Business activity and new order volumes dropped only fractionally, while firms expanded …

The latest Kenya PMI® findings signaled a strong move towards stability in private sector business conditions in December, helped by a considerable cooling of inflationary pressures. Rises in input costs …

Everyone needs a roof above their heads. According to the Worldometer, Kenya’s 2023 population is estimated at 55,100,586 people at mid-year. Kenya’s population is equivalent to 0.68 percent of the …

Stanbic Kenya Foundation culminated the successful completion of its 2023 Blue Economy Program in the coastal region through a graduation and computer handover ceremony held in Serena Hotel, Mombasa. The …

Business conditions in Kenya remained in a steep decline halfway through the final quarter of the year according to the latest PMI® survey data, amid sizeable falls in output, new …

Kenyan private sector firms faced unprecedented inflationary pressures in October, the latest PMI® survey data showed, driven by a further rise in fuel prices and ongoing currency weakness. Input costs …

Stanbic Bank held the inaugural East Africa Business Summit at the Muthaiga Golf Club in Nairobi, Kenya. Under the theme “The Case for Economic Optimism for East Africa,” the event …

The Stanbic Bank Kenya PMI slid back into negative territory at the end of the third quarter, as firms saw a sharp contraction in new orders following a brief respite …

The August Stanbic Bank Kenya PMI pointed to a slight improvement in the health of the private sector for the first time in seven months, as output and new orders …

Stanbic has affirmed its commitment to ensuring a just transition for clients and the community through financing solutions that enable climate adaptation and mitigation sustainably and inclusively. This is in …

Stanbic Holdings Plc has announced a KES 7.1 profit after tax for the half-year period ended June 2023, attributed to strong revenue and balance sheet growth. Total revenue increased by …

Small and Medium-sized Enterprises (SMEs) are the lifeblood of Kenya’s economy, contributing significantly to employment, innovation, and economic growth over the years. SMEs in Kenya employ 86 percent of the …

Kenya, known as the “breadbasket of Africa,” possesses vast agricultural potential, much of which lies unutilized, leading to massive food shortages across the country. Most farmers still rely on organic …

The Kenyan economy thrives on the wheels of Small and Medium Enterprises (SMEs). About 90 percent of businesses in Kenya are SMEs. They employ about 86 percent of the Kenyan …

With only 8 days remaining for the much-awaited and much-hyped Stanbic Yetu Festival, the tickets are almost running out with 90 percent of them having been sold out. Stanbic Bank …

Stanbic Bank Kenya, a subsidiary of the Standard Bank Group, has been selected as a key strategic partner by the Government of Kenya, through the Ministry of Investments, Trade, and Industry, …

The highly anticipated Stanbic Yetu Festival is set to take place on the 10th of June 2023 at Uhuru Garden in Nairobi promising to be bigger and better than ever …

The Kenyan private sector economy continued to run in contraction territory in March, the latest survey data showed, as business activity and new orders decreased for the second month running …

Stanbic Bank and Foundation in partnership with the German Development Cooperation are implementing the MSME resilience program. The Program, which was launched in 2022, is aimed at accelerating business recovery …

During the annual DIAR annual Awards that recognize organizations, institutions, and individuals who have excelled in mainstreaming and championing Diversity and Inclusivity, Stanbic Kenya won in the Best Impact Investing …

A new PMI survey by Stanbic Bank Kenya has shown that Kenyan businesses recorded a sharp decline during the month of February on account of tax woes, high cost of …

Stanbic Bank Kenya, a member of the Standard Bank Group has today reiterated its support for Kenya’s development through investments in trade and infrastructure as it officially launched its newest …

Stanbic Bank Kenya has announced a profit of KSh 1.5 billion for the first quarter of 2020. The earnings were a result of increased customer deposits and a growing loan …