Kenya: Stanbic H1 Net Profit Rises to Sh6.6bn On Strong Lending Growth
6 Articles
6 Articles
Kenya: Stanbic H1 Net Profit Rises to Sh6.6bn On Strong Lending Growth
Nairobi -- Stanbic Holdings posted a net profit of Sh6.6 billion for the six months ended June 30, driven by growth in lending and customer deposits despite a dynamic operating environment.
Stanbic Holdings posts Sh6.6 billion half-year profit
Stanbic Holdings has reported a net profit of Sh6.6 billion for the six months ended June 30, supported by strong growth in lending, customer deposits and a disciplined risk management strategy despite what it described as a dynamic operating environment. The bank’s total assets grew by 27 percent to Sh602 billion, while customer deposits rose 28 percent to Sh422 billion, reflecting continued expansion of its customer base. Customer loans also r…
Stanbic Holdings record sluggish growth in H1 profit
Stanbic Holdings Plc has recorded a sluggish growth in Net Profit up 0.96% to KSh 6.6 Billion, for the six months’ period ended June 2026. The lender, a subsidiary of Standard Bank South Africa saw its operating Income rise 2.45% to KSh 19.9Billion. Stanbic Balance Sheet grew in size by 27.1% to KSh 602.2 billion […]
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