SCBK | Standard Chartered Bank Kenya HY'24 Earnings Note

    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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    AIB-AXYS Africa Ltd is the fusion of two established companies; AIB Capital Limited and Apex Africa Capital Limited, both with over 25 years of experience in the Securities market. With the solid reputation and experience of the professional teams, we leverage talent and networks to better service businesses and investors looking to capitalize on the African growth story, and its vibrant financial sector.
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