Browsing: Stanbic Holdings full year results 2022

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  • Stanbic Holdings Plc has announced a $91 million after-tax profit for its financial year ended 31 December 2022, a 26 percent increase compared to the previous year. 
  • The lender posted a 28 percent revenue growth to close at $320 million in the period under review.
  • Shareholders at the Nairobi Securities Exchange (NSE) listed firm will enjoy $49.8 million in dividends.

Stanbic Holdings Plc has announced a $91 million after-tax profit for its financial year ended 31 December 2022 a 26 percent increase compared to the previous year.

Stanbic Kenya and South Sudan’s Chief Executive, Joshua Oigara said the firm’s strategic plan formulated and adopted three years ago continues to facilitate growth and organizational resilience. He noted that the strategic plan founded on digital innovations for service delivery, enhanced consumer experience and increased operating efficiencies had translated to an accelerated balance sheet growth.

“Despite the uncertain and challenging operating environment last …