Stanbic Bank Kenya is a member of the Standard Bank Group, Kenya’s eighth largest commercial bank by assets.
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The bonds, FXD1/2022/03, FXD2/2019/10, and FXD1/2021/20, sought to raise Ksh 50 billion for budgetary support.
Earnings per share (EPS) increased 16% to Ksh 2.83 from Ksh 2.44 over the same period in 2021.
Going forward, the Everyday Banking, Relationship Banking, Product Solutions, and RBB ARO units would be reported separately.
Standard Chartered Bank Kenya net interest income increased 10% due to higher asset volumes and an expansion in net interest margin.
As a digital payment system, cryptocurrency doesn’t rely on banks to check and verify transactions.