StanChart in Sh2.27bn dividend, profit up

Standard Chartered Bank of Kenya last year spent Sh205.63 million on redundancies.

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Standard Chartered Bank Kenya has declared an interim dividend of Sh6 per share amounting to Sh2.27 billion after posting 11.8 percent growth in net profit for the nine months ended September.

The lender said it will make the payment on or about December 28 to ordinary shareholders who will be in the share register as at the close of business on December 14.

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