Standard Chartered Bank Kenya has posted a 39.4 percent rise in profitability through the first three months to the end of March 2024, with net income at Sh5.6 billion from Sh4 billion previously on higher income from loans and transactions.
The lender’s total operating income rose by 21.4 percent to hit Sh13 billion from Sh10.7 billion with the growth being largely attributable to a faster growth in non-interest funded income by 23.6 percent to Sh4.7 billion.
