Standard Chartered Bank Kenya Ltd (SCBK) Realtime Stock Quote
Main Investment Segment
KES 159 10.00 (6.73%)
End of day - May 30, 2023
150.00 - 160.00
123.25 - 172.50
Standard Chartered Bank Kenya Limited is a Kenya-based bank. The Company's offerings include deposit products such as current accounts, savings accounts, fixed deposits, loans & mortgages and home loans. The Company operates its business across three business segments: Corporate & Institutional Clients, Commercial Clients and Retail Clients. Corporate & Institutional Clients serves Financial Institutions, Global and Local Corporate clients. Commercial Clients caters to medium-sized enterprises and high value small businesses. The Retail clients segment focuses on three client groups: Business Clients, Priority Clients and Personal Clients. The Company offers a variety of local and foreign currency accounts. The Company maintains a portfolio of short-term liquid assets, principally Government securities. The Company operates 37 branches, 95 automated teller machines (ATMs).
The company has a diversified portfolio cutting across select sectors which include business services, manufacturing, wholesale and retail trade, transport and communication, real estate, agriculture, energy and water. Standard Chartered Bank Kenya Limited hosts the regional Shared Service Centre supporting the Bank's technology operations in Uganda, Tanzania, Zambia and Botswana and South Africa on a real time basis. The latest company strategy focuses on prioritising returns and allocation of capital and investment in areas the company has long term competitive advantage. The aim of this strategy is to build a sustained momentum that factors in dynamism in the banking sector. The company strategic reveiws include aligning it's business strategy with tightened risk tolerance to create a more diverse and resilient balance sheet, delivering cost efficiencies through investment in technology and funding incremental investments, improving customer expereience among others.