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Originally published by The Kenyan Wall Street
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business
September 9, 2025
6h ago

Stanchart Moves to Reassure Markets it is “Adequately Capitalised” after KSh 7bn Supreme Court Ruling

Stanchart Moves to Reassure Markets it is “Adequately Capitalised” after KSh 7bn Supreme Court Ruling

StanChart Kenya pledged compliance after the Supreme Court struck out its appeal, upholding RBAT’s orders for a refund and benefits..

✨ Key Highlights

Standard Chartered Bank Kenya is reassuring markets of its financial stability after the Supreme Court’s decision to dismiss its appeal in a long-standing pension case. The ruling, which concludes a two-decade legal battle, requires the bank to meet obligations estimated at over KSh 7 billion.

  • Most important fact or figure from the article: The bank is obligated to pay an estimated over KSh 7 billion due to the Supreme Court ruling.
  • Key person or organization involved: Standard Chartered Bank Kenya.
  • Notable detail that adds context: The decision confirms the Retirement Benefits Authority Tribunal in pension disputes and ends a two-decade legal battle, involving a KSh 1.1 billion refund and recalculation of benefits for 629 retirees.

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