Standard Chartered Bank Kenya has issued a profit warning, projecting a significant drop in its 2025 net profit due to weaker H1 2025 earnings and a looming multibillion-shilling pension settlement.

• The bank anticipates its net profit for 2025 to fall at least 25% below 2024 levels.
• The primary cause is the cost of a pension settlement arising from a Retirement Benefits Appeals Tribunal (RBAT) ruling, impacting 629 former employees, with potential liability exceeding KSh 7 billion.
• Stanchart's H1 2025 profit after tax already dropped by 21.4% to KSh 8.09 billion.