Stanbic Bank Kenya on Thursday hosted the Chinese Economic Forum, reaffirming its position as a key enabler of trade and investment between China and Africa, with a special focus on …
Stanbic Bank Kenya has been named the ‘Best Pan-African Bank for SMEs’ at the EMEA Finance African Banking Awards 2024. Stanbic Bank Kenya’s commitment to SME growth extends beyond financial …
Kenyan businesses reported another improvement in operating conditions in February, continuing the growth streak that began in late-2024, as survey evidence signaled that a greater stabilization of the wider economy …
Stanbic Holdings Plc has reported a 13% increase in Profit after Tax to KES 13.7bn for the year ended 31 December 2024. The increase came on the back of lower …
Kenyan business conditions improved further as 2025 began, according to the Stanbic Bank Kenya PMI®, with expansions in output and new orders signaled for the fourth month running. Activity growth …
Stanbic Bank Kenya and Mastercard have partnered to introduce two new world-class credit cards to the Bank’s affluent clients across the region. Categorized into the Stanbic World card and 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 …
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