StanChart to make dividend payout despite 21pc dip in half-year earnings

Standard Chartered (StanChart) Bank Kenya has reported a 21 per drop in profit for the six months to June 30 this year...
✨ Key Highlights
Standard Chartered Bank Kenya announced a 21% drop in profit after tax for the first half of 2025, reaching Sh8.1 billion from Sh10.3 billion in the same period last year. Despite this decline, the bank plans to pay an interim dividend of Sh8 per share.
- The profit dip was primarily due to a 7% decrease in net interest income, totaling Sh15.3 billion, affected by lower lending rates following the Central Bank's reduction of the Central Bank Rate to 9.5%.
- Chief Executive Kariuki Ngari confirmed the interim dividend payment to shareholders on the register as of September 11, 2025, to be paid around October 7, 2025.
- The bank's non-interest income also decreased by 29%, largely due to reduced transactional volumes, though operating expenses remained flat due to prudent cost management.
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