Category: StanChart
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StanChart, KCB top in Sh78bn banks’exposure in State firms
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Standard Chartered Bank Kenya (StanChart) and KCB Bank Kenya top the list of banks having loan exposure worth Sh78.2 billion in government entities as of end-June 2024. The latest disclosures from the National Treasury show that Standard Chartered Bank has the highest exposure, lending Sh16.62 billion at the end of…
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StanChart, KCB top in Sh78bn banks’exposure in State firms
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Standard Chartered Bank Kenya (StanChart) and KCB Bank Kenya top the list of banks having loan exposure worth Sh78.2 billion in government entities as of end-June 2024. The latest disclosures from the National Treasury show that Standard Chartered Bank has the highest exposure, lending Sh16.62 billion at the end of…
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Bitcoin stands to gain from U.S. fiscal dominance, Trump victory: StanChart
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Da-kook/E+ via Getty Images There is a growing risk of financial dominance in the US, with rising debt and deficits likely to be on an unsustainable path, and that should be good news for Bitcoin (BTC-USD), according to Jeff Kendrick of Standard Chartered Bank. Donald Trump wins the presidential election…
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StanChart dividend yield up to 17pc as bank stocks drop
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Standard Chartered Bank Kenya’s dividend yield rose to 17 percent, as most banks’ share prices fell after closing the final dividend books. Dividend yield shows the rate of cash return by comparing dividends against the current share price, with declining share prices benefiting income-focused investors in companies that maintain or…