Standard Chartered Bank Kenya reported a 12% decline in profit before tax to Ksh 9.6 billion for the six months ended June 30, 2026, down from Ksh 10.9 billion recorded in the same period last year. In a press release dated August 19, 2026, profit after tax also fell 17% to Ksh 6.7 billion from
Standard Chartered Kenya has reported growth in their sustainable finance business, with its sustainable finance assets increasing by 11% to Ksh 62.5 billion in 2025. According to a report by Standard Chartered dated July 30, 2026, it shows that sustainable finance revenue rose by 16% to Ksh 3.5 billion during the year, which reflects the
Kenyan commercial banks recorded a decline in lending rates in June 2026. The Central Bank of Kenya data shows that the average lending rate fell by 11 basis points month-on-month to 14.38% in June, down from 14.49% in May and 14.78% in February 2026. Meanwhile, the average deposit rate edged down by 2 basis points