NAIROBI, Kenya, Sept 22 – Standard Chartered Bank Kenya has moved from tier one to tier two after its market size index fell to 4.5 in 2025 from 5.4 in 2024, according to Central Bank of Kenya (CBK) data.

The lender’s total net asset market share also declined to 4.4 percent in 2025 from 5.1 percent a year earlier.

The decline comes after StanChart began the process in September 2025 of paying about Sh7 billion to former employees following a Supreme Court ruling on the computation of their pension benefits.

The bank had said it was engaging more than 600 former employees to implement the judgment.

The Supreme Court had earlier dismissed an application by StanChart seeking to halt a Court of Appeal ruling directing it to pay pension dues owed to former employees.

KCB Kenya remained the largest tier one bank, with a market size index of 17.3 in 2025, up from 16.6 in 2024.

Equity Bank Kenya followed with an index of 11.8, down from 12.8.

Other tier one banks were Co-operative Bank of Kenya, NCBA Bank Kenya, Absa Bank Kenya, Stanbic Bank Kenya, I&M Bank and Diamond Trust Bank Kenya, with market size indices of 9.4, 7.9, 6.4, 5.8, 5.6 and 5.6, respectively.