Home Business StanChart Q1 net profit up 19pc to Sh2.4bn

StanChart Q1 net profit up 19pc to Sh2.4bn

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Business Daily | by Patrick Alushula


Standard Chartered Bank Kenya net profit for the first quarter to March 2021 has grown 18.9 per cent to Sh2.39 billion helped by growth in non-interest income and fall in operating expenses.

Results released Monday morning showed net profit rose from Sh2.01 billion earned in a similar period last year, placing the lender on a recovery path from decade-low earnings in 2020…

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