Co-operative Bank of Kenya #ticker:COOP reclaimed its position as the country’s third-largest lender by assets in the year ended December when it also declared the biggest dividend payout in the industry of Sh5.8 billion. The lender closed the period with total Sh536.9 billion assets, placing it third after Equity Group’s #ticker:EQTY Sh1 trillion and KCB […]
East Africa banks have been advised to maintain adequate capital buffers to remain resilient through the coronavirus pandemic. PHOTO | SHUTTERSTOCK Banks in the region are faced with a delicate balancing act of paying dividends to shareholders and preserving capital to withstand the economic shocks occasioned by the Covid-19 pandemic. Regional central banks have advised […]
Banks in the region are faced with a delicate balancing act of paying dividends to shareholders and preserving capital to withstand the economic shocks occasioned by the Covid-19 pandemic. Regional central banks have advised lenders to maintain adequate capital buffers to remain resilient through the coronavirus crisis. The Kenya Bankers Association (KBA) said banks are […]
Standard Chartered Bank Kenya shareholders on the Company’s Register of Members as of 27th April 2022 to receive a Final Dividend Payment of KES 14.00 per share.
Standard Chartered Bank Kenya shareholders to receive an interim Dividend Payment of KES 6.0 per share on 28th December 2023. This only applies to shareholders on the Company’s Register of Members as of 14th December 2023.
Standard Chartered Bank Kenya (SCBK) will hold its Annual General Meeting on 27th May 2021.
Standard Chartered Bank Kenya shareholders are set for a dividend payout despite the lender’s full-year net profit declining by about a third on higher provisioning for loan defaults. The tier I bank said Thursday morning that the board has proposed a Sh10.50 dividend payout, being 16 per cent lower than the Sh12.50 that was paid […]
A StanChart bank branch in Nairobi. PHOTO | NMG Standard Chartered Bank Kenya shareholders are set for a dividend payout despite the lender’s full-year net profit declining by about a third on higher provisioning for loan defaults. The tier I bank said Thursday morning that the board has proposed a Sh10.50 dividend payout, being 16 […]
Diamond Trust Bank Kenya #ticker:DTB will shut down six branches countrywide from July as it seeks to cut operational costs. In a notice on Friday, the listed lender said the branches targeted for closure are within proximity to others, which will be merged with alternative ones in their respective areas. In Nairobi, the Oval Digital […]
Shaken by the effects of the Coronavirus, the profits before taxes (BAI) of Kenyan banks fell drastically over the 11 months of 2020. According to Central Bank (CBK) data released on February 1, 2021, BAI fell 28.2 percent to 107.7 billion shillings ($ 979.15 million) from 150.1 billion shillings ($ 1.3 billion) a year earlier. […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.