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Originally published by The Standard BusinessAugust 19, 2026
3h ago
Equity Group halfyear net profit surges to Sh43.8b as StanChart's slides by 17pc

Equity Group Holdings’ first-half net profit rose by 32 per cent to a record Sh43.80 billion, while Standard Chartered Bank Kenya’s profit fell by 16.8 per cent as lower lending margins hurt earnings..
✨ Key Highlights
Equity Group Holdings has announced a significant surge in its first-half net profit, reaching a record Sh43.80 billion, a 32 per cent increase. This contrasts sharply with Standard Chartered Bank Kenya, which experienced a 16.8 per cent decline in its profit for the same period.
- Equity Group Holdings recorded a 32 per cent increase in net profit, reaching Sh43.80 billion.
- Standard Chartered Bank Kenya saw its profit fall by 16.8 per cent.
- The mixed performance in Kenya's banking sector is attributed to factors such as lower lending margins.
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