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Aug 20, 09:39 AM
StanChart Kenya Profit Falls 22% as FX Trading Income Slumps
Kenya
Company Earnings
Business
World

StanChart Kenya Profit Falls 22% as FX Trading Income Slumps

Authors
  • Bloomberg
  • Mwango Capital
  • Alexander Eliasson
3

Standard Chartered Bank Kenya reported a profit after tax of KES 8.1 billion for the first half of 2025, a 21.5 percent drop from the record KES 10.3 billion a year earlier. The lender attributed the decline to weaker income from foreign-exchange trading and subdued loan growth, which also pushed net interest income down 7.4 percent to KES 15.3 billion. Total assets slipped 1.4 percent year on year to KES 372.1 billion, while customer deposits rose 5.1 percent to KES 290.6 billion and loans and advances grew 1.9 percent to KES 152.2 billion. Asset quality improved markedly, with gross non-performing loans shrinking 29.4 percent to KES 9.6 billion. The board declared an interim dividend of KES 8 per share, matching last year’s payout. Shareholders on the register as of 11 September will receive the cash around 7 October.

Written with ChatGPT .

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