Category: Banking

Emirates Launches Its First US Cobranded Credit Card in Partnership with Barclays

September 17, 2020

Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, has partnered with Barclays to launch the Emirates Skywards Mastercard® – its first cobranded credit card suite in the U.S. Customers can now earn Skywards Miles quickly through everyday spend, including travel and lifestyle purchases, as well as enjoy immediate Silver or Gold tier membership … More Emirates Launches Its First US Cobranded Credit Card in Partnership with Barclays

Standard Chartered Extends KShs 200 million credit line to Gertrude’s Hospital in fight against Covid-19

August 19, 2020

Standard Chartered Kenya announced that Gertrudes Hospital is the latest company to complete a drawdown from the Bank’s global USD1 billion COVID-19 financing commitment, underscoring its ongoing efforts to support local businesses in the pandemic response. Standard Chartered’s extension of KShs 200 million credit line to Gertrude’s Hospital in fight against Covid-19 at preferential rate … More Standard Chartered Extends KShs 200 million credit line to Gertrude’s Hospital in fight against Covid-19

Equity Group discontinues proposed Atlas Mara transaction deal

June 24, 2020

The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has mutually agreed with Atlas Mara  (ATMA) to discontinue discussions on the proposed transaction where EGH had expressed the intention to acquire banking businesses from ATMA in Rwanda, Tanzania, Zambia and Mozambique. This decision is … More Equity Group discontinues proposed Atlas Mara transaction deal

Standard Chartered Bank honors five women in tech start-ups

June 15, 2020

Five women-led tech businesses have each received KSh 1million in seed funding from Standard Chartered Bank Kenya following successful completion of the third cohort of a tech incubation program launched in 2017 by the Bank in partnership with iLab Africa – a division of Strathmore University. This year’s top 5 companies are Bena Care which … More Standard Chartered Bank honors five women in tech start-ups

Standard Chartered Bank Recognized as the Best Digital Bank in Kenya 2020

June 4, 2020

Standard Chartered Bank has been voted as the best digital bank in Kenya by the Global Banking and Finance Awards. The Bank was also feted as the Most Innovative Retail Banking app and the Best corporate bank in Kenya, 2020. Commenting on the Awards, Standard Chartered Bank Head of Retail Banking, Edith Chumba said that … More Standard Chartered Bank Recognized as the Best Digital Bank in Kenya 2020

Kenya presents a USD40 billion opportunity for the private sector to invest in sustainable development

January 27, 2020

The Standard Chartered SDG Investment Map reveals an almost USD10 trillion (USD9.668 trillion) opportunity for private-sector investors across all emerging markets to help achieve the UN’s Sustainable Development Goals (SDGs), with Kenya representing USD40 billion of that total. The study identifies opportunities for the private sector to contribute to three infrastructure-focused goals between now and … More Kenya presents a USD40 billion opportunity for the private sector to invest in sustainable development

Standard Chartered announces Q3 2019 results

November 20, 2019

Standard Chartered Bank Kenya Limited today announced a pre-tax profit of KShs 9 billion for the nine months ended 30 September 2019. “Our digital investments to transform the Bank, develop and scale new business models continue apace. This has been positively received by our clients and key client digital adoption measures continue to improve. We … More Standard Chartered announces Q3 2019 results

StanChart Bank reiterates commitment to support sustainable private sector credit growth

November 12, 2019

Standard Chartered Bank has today reiterated its commitment towards supporting lending to the private sector particularly the SME sector which it considers the backbone to building sustainable growth of the economy. The bank in 9 months to September 2019, injected Ksh 6.3 billion in direct and indirect lending to Micro, Small and Medium enterprises in … More StanChart Bank reiterates commitment to support sustainable private sector credit growth

Airtel Africa announces partnership with Ecobank Group

October 23, 2019

Airtel Africa, a leading global telecommunications services provider with operations in 14 countries across Africa, and Ecobank Transnational Incorporated (“ETI”), the parent company of Ecobank the leading pan-African banking group operating in 33 countries, have signed a partnership which will allows millions of Airtel Money and Ecobank customers across Africa to improve their access to mobile … More Airtel Africa announces partnership with Ecobank Group