The nine major lenders had previously recorded Sh36.9 billion in impairments on bonds held for trading in 2023 as interest rates rose.

The market closed the day in the red, with NASI, N10, NSE 20, and NSE 25 down 2.6%, 3.1%, 2.2%, and 2.8%, respectively.

An audit conducted by a multi-agency team and chaired by former Attorney General Paul Kihara implicated various senior ...

Yields on domestic debt retreated in the past six months, with the 91-day Treasury bills reaching a low of 8.79% at the ...

Top banks scrambled to cut lending rates days after the CBK warned of daily fines in February, but the effect of the reduced ...

Kenya faces a pressing need to improve oral health and dental care to reduce the growing number of citizens grappling with preventable diseases such as cavities. Left untreated, these conditions ...

Shareholders of most banks in Kenya are preparing to pocket more from dividend payouts after recording billions in profit after tax in the year ending December 31, 2024. Some of the banks that have ...

Standard Chartered Sri Lanka hosted its annual awards ceremony, themed ‘Hall of Fame: Celebrating Excellence,’ at the Shangri-La Hotel Colombo on March 22, 2025. The event recognised and ...

1 Day SCBK -0.08% DJIA -0.17% S&P 500 -0.03% Financial Services -0.92% ...

[SINGAPORE] Standard Chartered (StanChart) is bolstering its private credit business with three new hires in India, said Henrik Raber, global head of global banking. StanChart recently hired former ...

(Bloomberg) -- Standard Chartered Plc is bolstering its private credit business with three new hires in India, said Henrik Raber, global head of global banking. StanChart recently hired former UBS ...

Standard Chartered has failed in its attempt to narrow the scope of a £1.5bn lawsuit over claims that its breaches of sanctions against Iran were more widespread than it has acknowledged.