StanChart doubles green projects revenue to Sh3bn

Standard Chartered Bank branch on Kenyatta Avenue. 

Photo credit: File | Nation Media Group

Standard Chartered Bank Kenya’s revenue from financing green projects more than doubled to Sh2.99 billion last year, growing 131.8 percent from the Sh1.29 billion realised a year earlier.

The lender says in latest disclosures that sustainable finance revenue includes those generated from green, social and sustainable lending, as well as from clients recognised as green, social or sustainable pure plays.

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Note: The results are not exact but very close to the actual.