Standard Chartered
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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…
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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…
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