StanChart Q3 net profit jumps to Sh6.4bn

Standard Chartered Bank Kenya chief executive Kariuki Ngari. PHOTO | DIANA NGILA | NMG

Standard Chartered Bank Kenya #ticker:SCBK has reported a 46.7 percent jump in net profit for the nine months to September, helped by an increase in foreign exchange earnings and reduced operating expenses.

The Nairobi Securities Exchange-listed bank recorded Sh6.35 billion in profit after tax from Sh4.33 billion posted in a similar period last year.

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