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57 articles for Stanbic Holdings (Kenya)
Flash Report /
Ethiopia
Ethiopia prepares to open its banking sector to foreign institutions
Ethiopia’s prime minister Abiy Ahmed has said that plans are underway to liberalise Ethiopia’s banking sector to allow foreign players to set up operations. This comes shortly after the country liberalised its telecommunications sector, with Safarico...
Faith Mwangi @ Tellimer Research 1 March 2022
Flash Report /
Kenya
The Sacco Societies Bill and why it is good news for Kenya banks
The Sacco Societies (Amendment) Bill recently went through its second reading in Kenya's national assembly. The bill, among other things, looks to ensure that SACCOs (Savings and Credit Co-Operative Societies) in Kenya are mandated to share credit in...
Faith Mwangi @ Tellimer Research 14 February 2022
Kenya Banks: Sector Q3 21 PBT jumps 68% yoy, and outlook for Q4 is positive too
Kenya banks' sector-wide profit before tax (PBT) grew 68% yoy in Q3 21, according to the latest data from Central Bank of Kenya. Q4 21 expectations: Despite the positive private sector credit growth momentum witnessed in Q2 21 and Q3 21, we do not ex...
Faith Mwangi @ Tellimer Research 22 November 2021
Kenya banks: Lucrative SME potential undercut by low yields and asset quality
The Central Bank of Kenya (CBK) has released a new study on small and medium-sized enterprises (SMEs), already an important sector for Kenyan banks but one with a great deal of growth potential. The banking sector is currently dealing with a decade-h...
Faith Mwangi @ Tellimer Research 18 November 2021
Kenya: Credit growth is recovering as asset quality improves, positive for banks
As expected, Kenya's Central Bank (CBK) held rates at 7.0% at its policy meeting on 28 September. The improvement in asset quality is positive for the banking sector and we expect the gains to be visible in lower cost of risk for the banks. The regul...
Faith Mwangi @ Tellimer Research 29 September 2021
Kenya banks: Profit before tax up 97% yoy in first two months of Q2
According to the latest data from Central Bank of Kenya, the country's banks recorded a 97% yoy increase in profit before tax (PBT) for the first two months of Q2 21 (April and May). Lower provision charges given that Q2 20 saw banks accelerate their...
Faith Mwangi @ Tellimer Research 16 August 2021
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Kenya
Africa
Banks
About
Stanbic Holdings Plc offers commercial banking services. The Company, through subsidiaries, offers custodial, investment banking, securities brokerage, fund management, and insurance services. Stanbic Holdings serves commercial, corporate, and retail customers which include large corporate institutions, parastatals, diplomatic missions, and multi-nationals.
