Stanbic Bank, Laikipia County seal training, financing deal
Laikipia County Government has sealed a deal with Stanbic Bank that involves providing funding as well as technical training of entrepreneurs in manufacturing and agribusiness....
Stanbic Bank
Stanbic Bank half year net profit rises to Kshs. 3.5B
Stanbic Bank half year net profit has grown 37% from 2.6 billion to Kshs. 3.5 billion for the period ended June 30th 2021. The lender...
Trade ministry, Stanbic Bank to build capacity in SME sector
The government plans to train thousands of Small and Medium Enterprises (SME) in a bid to develop their business management skills. This will be realized...
IWD: Women urged to explore digital finance and tech opportunities
Women have been challenged to explore available opportunities in digital finance and technology which have recorded a sharp growth during COVID-19 pandemic. As the world...
Stanbic Bank net earnings down 30pc in nine months due to Covid
Stanbic Bank Kenya has reported net earnings amounting to Kshs. 3.6 billion which is 29.4% lower than Kshs. 5.1 billion the lender recorded during the...
Jua Kali traders to receive handwashing stations worth Ksh 2M
The Jua Kali sector has received a significant boost in the fight against COVID-19 following a donation of two hundred and ten (210) hand washing...
Stanbic Bank projects economy to grow at 5.9 pc
Stanbic Bank projects that the economy will this year accelerate to grow at 5.9 percent driven by export of agricultural produce which have been boosted...
Stanbic signs Kshs 3bn bank guarantee with Chinese firm
Stanbic Bank Kenya has signed a three billion shillings bank guarantee partnership with Chinese state-owned China Machinery Engineering Corporation (CMEC) Kenya to enable the machinery...
Stanbic: Cash flow challenges have affected private sector performance
Cash flow challenges and suppressed customer orders led to a sharp decline in private sector activity in the month of August. The month’s purchasing managers...
Stanbic Bank, IFC set up Kshs 20B loan facility for women enterprises
Majority of women enterprises risk failing due to limited tailor-made financial solutions to enable them scale up. International Finance Corporation Country Manager Manuel Moses says...