Stanbic Bank Records 9.4 Percent PAT Decline in 1st Quatre of 2017
Financial Results
Stanbic Bank has posted the 1st Quatre 2017 numbers marking a 9.4 percent decline in profit after tax to 1.08
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Tag: CfC Stanbic Bank
Financial Institutions Given 14-days Ultimatum to Implement New Lending Rates
Market News
Kenyan commercial banks and mortgage finance companies have been given up to September 14, 2016 to comply with the banking (amendment)
By David Indeje
·Dollar Inflows from Non-Governmental Organizations Boosts Shilling
Money
Market activity on the last trading day of the month declined marginally but all the indices were in the green.
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CFC Stanbic, KCB Group Cut Lending Rate for New and Existing Loans to 14.5pc
Market News
CFC Stanbic bank Kenya and KCB Group have adopted the new lending rate of Base Rate + 400 basis points
By David Indeje
·Kenya Private Sector Growth Signaled Rebound in July
Market News
Kenya’s private sector growth picked up in July, as business conditions improved at a faster pace, according to the latest
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CfC Stanbic to Avail Yuan Currency at its Branches to Boost Kenya-China trade
Market News
The first transaction was made on Wednesday by the Chinese Ambassador to Kenya H.E. Dr Liu Xianfa at an event held at
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CfC Stanbic Bank Helps Arrange USD75Mn Finance Package to Buy Government Hospitals Medical Equipment
Market News
Government hospitals in the 47 counties in Kenya are set to receive medical equipment worth over Sh7 billion thanks to
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CfC Stanbic Bank, Receivers meet Karuturi employees over terminal dues
Banking
Karuturi Limited receivers and liquidators met Karuturi employees Thursday over the closure of the Company’s operations today following the Winding
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Insurance Companies in Partnership with Government to Provide Cover against Poor Maize Yields
Market News
Equities Wednesday’s trading was marked by improvements on the market indicators and in the value of transactions. The NSE-20 Share
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Shilling Expected to Remain Fairly Stable in 2016 –CFC Stanbic Bank
Money
CFC Stanbic Bank forecasts Kenya’s currency to remain relatively stable throughout the year and the economy to grow by 5.7
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