Standard Chartered Bank Kenya Limited has reported a net profit of Ksh. 6.7 billion for the first half of 2026 ended June 30. This is a reduction from the Ksh. 8.09 billion the bank posted in the same period in 2025.

The board of directors declared an interim dividend of Ksh. 8.50 per ordinary share of Ksh. 5.00. The payout will be made on or about September 24, 2026, to shareholders on record as of September 10, 2026.
The bank’s total operating income dipped 9% year-on-year to Ksh. 20.1 billion, primarily impacted by a 20% decline in net interest income down to Ksh. 12.3 billion due to interest rate and margin headwinds. However, this was partially offset by a 16% surge in non-interest income to Ksh. 7.9 billion, supported by solid foreign exchange trading volumes and expanding Wealth Solutions.
Assets Under Management (AUM) expanded 13% from December 2025 to reach Ksh. 343 billion, reflecting growing demand for the bank’s core wealth protection and management offerings.
Cost control measures kept operating expenses virtually flat at Ksh. 10.0 billion (up 0.4%), while credit risk declined sharply. Loan impairment losses dropped 57% year-on-year to Ksh. 508 million, underpinned by resilient credit quality across portfolio segments.

Key Financial Results (Ksh. Millions)

Financial Metric H1 2026 H1 2025 YoY Change (%)
Net Interest Income 12,273 15,301 -20%
Non-Interest Income 7,865 6,785 +16%
Total Operating Income 20,138 22,086 -9%
Operating Expenses (10,045) (10,008) -0.4%
Loan Impairment (508) (1,177) +57%
Profit Before Tax 9,585 10,901 -12%
Profit After Tax 6,727 8,087 -17%
Earnings Per Share (KES) 17.58 21.18 -17%
The group’s balance sheet grew 15% compared to December 2025, buoyed by positive momentum in customer deposits and credit extensions.
  • Customer Loans: Net loans and advances rose 10% to Ksh. 169.2 billion, propelled by activity in Wealth Solutions and Transaction Banking.
  • Asset Quality: Non-performing loans (NPL) ratio improved by 40 basis points to 5.0%.
  • Customer Deposits: Total deposits expanded 9% to Ksh. 309.1 billion, driven by corporate deposit inflows. Low-cost Current and Savings Accounts (CASA) accounted for 95% of total customer deposits.
  • Liquidity & Capital: The bank’s liquidity ratio closed at 67.3% (against a 20% regulatory minimum), while its Liquidity Coverage Ratio (LCR) stood at 558%. Core and Total Capital Ratios remained robust at 18.2%, well above regulatory baselines.
Standard Chartered Kenya CEO Birju Sanghrajka noted that the bank remains cautious regarding global headwinds, including ongoing Middle East geopolitical tensions and market volatility. The group intends to focus execution efforts on its core client franchises and differentiated cross-border capabilities.