Standard Chartered Bank Kenya has posted a 26.3 percent drop in profit for the first three months of the year through to March 2026 on lower lending margins, bucking the trend of earnings growth seen among rival listed lenders.
The lender, which becomes the first tier I bank to post a lower profit for the cycle, has booked a net income of Sh3.5 billion, from a higher Sh4.8 billion at the same time last year.
