Standard Chartered Bank Kenya surpassed in-house expectations to post a remarkable 48.8% y/y growth in net earnings to KES 10.28Bn over the first half of 2024.
The Board of Directors recommend an interim dividend of KES 8.00 per share.
Recommendation - We maintain our BUY recommendation on Standard Chartered Bank Kenya on account of an accelerating return on equity momentum amid ongoing strategic initiatives.
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