Stanbic Holdings Plc (CFC) Realtime Stock Quote

Sector: Banking
Main Investment Segment
KES 96.00  
End of day - Jul 19, 2019

Price Information

Stanbic Holdings Plc
Previous:96.00Open:96.00
Average:96.00Deals:1
Volume:200Turnover:19,200
RANGE
Day: 96.00 - 96.0052-week: 83.00 - 108.00

Other Information

Average Volume:402,150
BETA:0.83
Shares Issued:395.32M
Year End:December 31
Par Value:10.00

Profile

CfC Stanbic Holdings Limited (the Group) is a subsidiary of Stanbic Africa Holdings Limited (SAHL), which is in turn owned by Standard Bank Group Limited (SBG). CfC Stanbic Holdings Ltd. operates as a holding company with interest in providing banking, insurance, wealth management and stock broking services. It operates through two segments: Corporate and Investment Banking, and Personal and Business Banking. Personal Banking offers Transactional Banking, Borrowing, Saving and Investing and Digital Banking Services. Business Banking offers Transactional Accounts, Borrowing, Foreign Exchange, Savings and Investments, Trade Finance and Merchant Solutions. 

The bank has positioned itself as a premier solutions provider within Commercial Banking, SME, Wealth and Investments, and Private Banking Segments. Among the Strategic initiatives the bank is undertaking is the opening of new branches in the Hub Karen (April 2016) and Two Rivers in July 2016, Investing further in Private and Commercial Banking Segments and Investing Significantly in Mobile and Internet Banking Capabilities. Recently the bank was named Best Treasury and Cash Management provider in Kenya by Global Finance. The Bank's strategic relationship with the Industrial and Commercial Bank of China (ICBC), which now extends to global markets outside East Africa business, provides the bank with increasing opportunities to drive East Africa’s growth.

 
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