Search Results for: standard
-
NEWS
Standard Chartered Net Profit Rises 64 Percent to Ksh.15.6 Billion
Standard Chartered Bank Kenya reported a remarkable 64% increase in net profit, reaching Ksh. 15.6 billion for the first nine months of 2024. This surge, the bank said is attributed to strong strong topline growth and well-managed costs. Operating income has also risen 33%, whilst liquidity remains at a robust level of 65%, significantly higher than the regulatory minimum of…
Read More » -
NEWS
Standard Chartered Bank to Donate KES 7,000,000 to Catholic Relief Services
Standard Chartered handed over a cheque of KES 7,000,000 to Catholic Relief Services (CRS) on Friday 15 November 2024 at Mathare Vocational Training Center, Juja Road, Nairobi. The funds will support cash transfers for communities in Mathare and Embakasi, with a special focus on youth. Standard Chartered and CRS also handed over donations of food and non-food items to more…
Read More » -
BUSINESS
Investor Outlook Optimistic, says Standard Chartered Bank
Kenya’s fiscal policy is set to benefit from a renewed focus on managing external liquidity concerns recede even as fiscal challenges persist. This is according to the latest global Market Outlook Report for 2024 from Standard Chartered. The Report, titled “Sailing with the Wind” finds that the US and other major economies are likely to witness sharply slower growth and…
Read More » -
BUSINESS
Standard Chartered Bank introduces new 11.9% variable interest mortgage offering
Standard Chartered has introduced a new mortgage offering that will see clients access mortgages at 11.9% variable rate offer for new applications submitted and approved during the campaign period. The offer is open to both existing and new clients. Those seeking to transfer their mortgage to SCB to enjoy the new rate of 11.9% will get access to waived valuations…
Read More » -
NEWS
Standard Chartered Bank has Been Named Best Digital Bank Kenya
Standard Chartered Bank has been named the best overall bank 2020 in Kenya by the recently released Kenya Bankers Association 2020 Customer Service Survey. The survey done by the association had over 15,000 respondents, including 455 persons living with a disability (PWDs), and covered all the Kenyan counties. The bank also emerged Overall Best in Responsiveness and Digital Experience in 2020…
Read More » -
Uncategorized
Standard Chartered Bank, Light for the World ink deal to prepare University students for the job market
Standard Chartered Bank Kenya has today partnered with Light for the World, through InBusiness Initiative in Kenya, to help bridge the gap between young graduates and the work environment through a series of work readiness and technical training schemes. In line with the Bank’s FutureMakers employability pillar, the one-year pilot program at a cost Sh 8 million will focus on building…
Read More » -
Uncategorized
Standard Chartered Bank partners with KipKeino Foundation to support professional athletes
Standard Chartered Bank has today announced a partnership with Kipchoge Keino Foundation to offer relief to athletes experiencing hardship due to the novel Coronavirus pandemic. The partnership that will cost KShs 15 million over the next one year will also offer a financial literacy program that will seek to equip young and upcoming athletes with knowledge around business ideation, entrepreneurship…
Read More » -
Uncategorized
Standard Chartered launches US$50m COVID-19 assistance fund
Standard Chartered Group has launched a $50 million global fund providing assistance to those affected by the COVID-19 pandemic. The Group says it will immediately donate $25 million to support emergency relief in our most affected markets. The additional $25 million will help communities over the medium term to recover from the economic impact of the virus. It will also…
Read More » -
NEWS
9 best movies to stream this November, including Kung Fu Panda 4 and The Fall Guy
KUNG FU PANDA 4 | First on Showmax | Stream from Friday, 29 November The sixth biggest box office hit of 2024 (so far), Kung Fu Panda 4 returns comedy icon Jack Black to his role as Po, the world’s most unlikely kung fu master. When Po is tapped to become the Spiritual Leader of the Valley of Peace, he needs to find and train a…
Read More » -
NEWS
Top Property Developers in Kenya Endorse LG HVAC Solutions
Leading players in the construction and housing business have today endorsed the quality of LG’s Heating, Ventilation and Air Conditioning (HVAC) systems in transforming their commercial and domestic properties. This was variously highlighted during a golf tournament at the Sigona Golf Club in Kenya’s Kiambu County that brought together over 200 business partners in a day of networking. The event…
Read More » -
NEWS
Some Xiaomi Kenya Black Friday Deals To Check Out
Xiaomi Kenya is unleashing a wave of unbeatable deals on its latest smartphones this Black Friday. With exclusive discounts, flash sales, and limited-time brand day offers, Xiaomi is making it easier than ever for Kenyans to access cutting-edge technology at prices you won’t find any other time of year. Each deal brings Xiaomi’s signature innovation and quality, making this the…
Read More » -
BUSINESS
Madison Life Assurance and HF Group Announce Buy & Build FinancingOpportunities for Homeowners at VillaKazi Homes
Madison Life Assurance and HF Group have announced the availability of affordable financing options for individuals planning to buy and build homes at VillaKazi Homes, Athi River. VillaKazi Homes is a master-planned, fully-serviced, mixed-use real estate development in Athi River. Madison Life is providing the 100 acres at Kshs. 3 billion and will realize more than 700 residential housing units…
Read More » -
NEWS
Xiaomi Redmi 13 With 108-Megapixel Camera Launches in Kenya
Xiaomi Kenya has today launched Redmi 13 4G smartphone in Kenya. Xiaomi says the phone promises to captivate tech enthusiasts and consumers alike with its cutting-edge technology and exceptional features. The Xiaomi Redmi 13 boasts a sleek glass back design that enhances its appearance and provides an elevated in-hand feel. At just 8.3mm thick, it offers a stylish and easy-to-hold…
Read More » -
HEALTHCARE
Fidelity Shield Insurance launches ‘My Afya Shield’ digital product
Fidelity Shield Insurance has announced the launch of My Afya Shield, a health coverage product designed to transform healthcare access in Kenya. This initiative reinforces Fidelity’s commitment to prioritizing preventive healthcare and enhancing wellness among its members. My Afya Shield offers an extensive range of benefits, including access to treatments, vaccines, counseling services, mental wellness support, rehabilitation services, and personalized wellness programs.…
Read More » -
NEWS
Kenyan woman wins KSh 8.3 million Prize for Engineering Innovation award
Esther Kimani has been named winner of Africa’s biggest engineering prize, the Royal Academy of Engineering’s Africa Prize for Engineering Innovation. Her early crop pest and disease detection device was selected as the winning innovation for its ability to swiftly detect and identify agricultural pests and diseases, reducing crop losses for smallholder farmers by up to 30% while increasing yields…
Read More » -
SUSTAINABILITY
Kenya to Pilot Indonesian Carbon Data Project
Indonesian tech company Aeroterra & Eldera Matadata Presisi has been selected to execute a pilot project that will assess the value of Kenya’s carbon credit assets. The project’s lead sponsors Banyan Investment Banking & Hedge Fund, a Connecticut-based digital bank, and Quantum Metal Group, announced that they had appointed Indonesia’s Aeroterra & Eldera Matadata Presisi as the technology partner due to its innovative technology. “We have…
Read More » -
NEWS
Redmi Note 13 Series Launch Countdown: Xiaomi Unleashes Iconic Innovation with Spectacular Giveaways
Xiaomi Kenya takes centre stage on February 10th, 2024, unveiling the highly-anticipated Redmi Note 13 Series. The company is describing this series as an epitome of innovation and iconic excellence. The series transcends the boundaries between mid-range and flagship smartphones, delivering an extraordinary blend of durability, user experience, and imaging prowess – all at an iconic value that sets a…
Read More » -
NEWS
Xiaomi Redmi Note 13 Series Launching in Kenya Next Week
Xiaomi has announced plans to launch the Redmi Note 13 Series in Kenya. The series, which succeeds the Redmi Note 12 Series will be launched on 10th February. Xiaomi says the series promises to transcend the boundaries between mid-range and flagship smartphones, delivering an extraordinary blend of durability, user experience, and imaging prowess. All this it says at an iconic value that sets…
Read More » -
NEWS
WPP Scangroup releases its 2023 ESG report
WPP Scangroup PLC has joined the club of Kenyan listed companies to release an environmental, social and governance (“ESG”) report as per the Nairobi Securities Exchange (NSE) reporting guidelines. In November 2021, the NSE in partnership with the Global Reporting Initiative (GRI), released guidelines for listed companies to follow when disclosing how they are managing ESG issues in the organisation.…
Read More » -
NEWS
ALP West Logistics Park to host Printcare’s new manufacturing and packaging plant
Printcare, the design-to-delivery printing and packaging solutions provider has selected Africa Logistics Properties (ALP) West Logistics Park to host its upcoming manufacturing and packing plant in Kenya. The manufacturing plant is scheduled to commence operations in April 2024. Printcare says it selected ALP West Logistics Park due to its infrastructure and commitment to upholding international standards. This includes health and…
Read More »