Nairobi — Standard Chartered has introduced a new mortgage offering that will see clients access mortgages at 11.9 percent variable rate offer for new applications submitted and approved during the campaign period. The offer is open to both existing and new clients. Those seeking to transfer their mortgage to SCB at the new rate of […]
Tag: XNAI_SCBK
Why Co-op Bank CEO earned Sh260m bonus
Co-operative Bank’s chief executive Gideon Muriuki. FILE PHOTO | NMG Co-operative Bank’s chief executive, Gideon Muriuki, earned Sh260.3 million in bonus last year, the largest in the banking industry, under the bank’s performance-based reward system for staff. The lender says it rewarded the CEO for protecting shareholder returns while navigating the bank through the Covid-19 […]
KenGen distributes 1.9m tree seedlings to reduce carbon emissions
• The report examines the impact of multi-national companies’ net-zero plans on their supply chain. • In her submission during the panel discussion, Miano emphasized the need for coordinated action across all sectors of the economy in transitioning to a net-zero emissions economy. KenGen employees participating in tree planting under the company’s Green Initiative Challenge […]
KenGen distributes tree seedlings in efforts to reduce carbon emissions
Kenya Electricity Generating Company PLC (KenGen) has distributed more than 1.9 million tree seedlings to communities and institutions as part of its efforts to reduce carbon emissions. KenGen’s Managing Director and CEO, Mrs. Rebecca Miano said the tree seedlings, which are equivalent to 3,167 acres of forest cover, have been distributed over the last seven […]
Firms to snub Kenya for not reducing emissions
Director Climate Finance Unit at the National Treasury Peter Odhengo, Standard Chartered Bank Kenya Chief Executive Kariuki Ngari and his KenGen counterpart Rebecca Miano at the launch of the Carbon dated Report in Nairobi yesterday. [Edward Kiplimo,Standard] Kenya is among nations that risk being struck off from the list of suppliers of multinational corporations as […]
Kenya: Standard Chartered Marathon Set for Comeback
The annual Standard Chartered Nairobi Marathon is set to resume after a year’s absence due to coronavirus. The long-distance race will be launched in mid-July at the Nairobi Arboretum with the event planned for October. The 2020 edition initially scheduled for October 25 was cancelled by organizers due to uncertainties brought about by the Covid-19 […]
Standard Chartered Nairobi Marathon is back
FILE: Elisha Kiprop cross the finish line winning 42 km men during the Standard Chartered Nairobi Marathon 2018 in Nairobi on October 26, 2018. Photo/Oliver Ananda/Sportpicha/Citizen Digital The annual Standard Chartered Nairobi Marathon is set to resume after a year’s absence due to coronavirus. In a statement, organisers revealed that the 18th edition of the […]
Inside StanChart rollout of mobile personal loans
StanChart Kenya CEO Kariuki Ngari. PHOTO | DIANA NGILA Standard Chartered Bank Kenya plans to give customers the option of applying for personal loans remotely through its imminent entry into the mobile lending segment, chief executive Kariuki Ngari has said. This will be in addition to offering low-value mobile credit through the planned roll out […]
StanChart locks out borrowers with multiple mobile loans
Standard Chartered Bank Kenya chief executive Kariuki Ngari. PHOTO | NMG Standard Chartered Bank Kenya will lock out borrowers with multiple digital loans from its mobile lending app that will be unveiled in the coming days. StanChart chief executive Kariuki Ngari said the lender would not “overburden” borrowers with additional credit, citing elevated default rates […]
StanChart sets sight on future with digitisation
Kariuki ngari StanChart CEO and Managing Director. PHOTO | SALATON NJAU | NMG Standard Chartered Bank Kenya is among top-tier lenders that have in recent years invested heavily in digitisation in line with changing preferences by clients. The country’s sixth largest lender has reported that about 90 percent of transactions are now done via its […]