Standard Chartered Kenya Reports KShs 9.6bn H1 2026 Profit

19 August 2026 Nairobi, Kenya – Standard Chartered Bank Kenya Limited has today released its results for the period ended 30 June 2026.

Birju Sanghrajka, Managing Director and Chief Executive Officer, said: “The Bank delivered a profit before tax of KShs 9.6 billion. Our capital remains strong and the directors are pleased to announce an interim dividend of KShs 8.50 for every ordinary share of KShs 5.00 to be paid to shareholders on the register at the close of business on 10 September 2026 and will be paid on or about 24 September 2026.

Assets under management grew by 13 per cent to KShs 343 billion compared with December 2025, reflecting continued progress in our strategy to grow, manage and protect client wealth.

This performance demonstrates the strength of our client franchise, differentiated cross-border network and market-leading wealth capabilities, as we continue to support clients in achieving their financial objectives and deliver sustainable growth.”

Summary financial performance

- Operating income decreased 9 per cent year-on-year:

o Net interest income decreased 20 per cent to KShs 12.3 billion. We saw a benefit from volume growth which was more than offset by rate and margin headwinds.

o Non-interest income increased 16 per cent driven by strong performance in Wealth Solutions, and higher transaction volumes in foreign exchange .

- Operating expenses were broadly flat year-on-year, on account of cost management and a continued focus on efficiency.

- Impairment losses on loans and advances decreased 57 per cent to KShs 508 million. Our overall credit quality has remained resilient.

The balance sheet remained strong, growing by 15 per cent from December 2025, driven by strong momentum in client assets and deposits.

- Net loans and advances to customers increased 10 per cent to KShs 169 billion, driven by growth in Transaction Banking and Wealth Solutions.

- The quality of our client assets continued to improve, with the non-performing loan ratio improving by 40bps to 5.0 per cent.

- Customer deposits increased 9 per cent to KShs 309 billion, driven by growth in corporate deposits. Funding quality remains high and stable, with current and savings accounts accounting for 95 per cent of total customer deposits.

- The liquidity ratio remained strong at 67.3 per cent, above the 20 per cent regulatory threshold. LCR and NSFR stood at 558 per cent and 170 per cent, respectively, against the 100 per cent minimum.

- Total capital ratio stood at 18.2 per cent, above the 14.5 per cent regulatory minimum, reflecting the Bank’s robust capital position and balance sheet resilience.

Concluding remarks

The Kenyan economic environment remains stable, supported by low inflation, a stable currency and lower interest rates. However, we remain alert to the increasing complexity and uncertainty in the global macroeconomic environment, including ongoing tensions in the Middle East, which continue to contribute to volatility in energy markets, trade flows and broader investor sentiment, as well as the pace of technological change. Our focus is on staying close to our clients, adapting quickly and continuing to execute against the opportunities where our capabilities give us a clear advantage. We remain confident in our strategy and the resilience of our people as we continue to support our clients.