Standard Chartered Bank Kenya has projected that its net profit for the year ending December 2025 will fall by at least Sh5 billion due to a one-off settlement of a claim on its pension fund by its former workers.
The bank said in a profit warning statement on Tuesday that it expects its full-year net earnings to fall by at least 25 percent. The lender reported a net profit of Sh20.06 billion in 2024, meaning that a drop of a quarter effectively caps the 2025 profit at Sh15.05 billion.
