Search

Standard Chartered Kenya Sees Tenfold Surge in Sustainable Finance Revenue

Allen dreyfus Logo
© Allen Dreyfus
  • Sustainable finance revenue skyrockets to Sh1.29 billion in 2023
  • New green financial products introduced for environmentally conscious customers

Nairobi, Kenya – Standard Chartered Bank Kenya (StanChart) has witnessed a substantial increase in its sustainable finance business, with revenues from green and social lending soaring to Sh1.29 billion ($9.7 million) in 2023. This marks a tenfold rise from the Sh129 million ($970,000) recorded in 2022, underscoring the bank’s intensified focus on expanding its sustainable finance portfolio in Kenya.

Recent Business

Digital payments in Africa surges. Photo by Iqbal Nuril Anwar @ Pixabay
WAEMU goes digital to overhaul West Africa’s government bond trading
Read More »
Critical mineral. Photo by Claudio Grande @ Unsplash
US–China minerals battle: Is Africa at the table or on the menu?
Read More »
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Ethiopia rolls out automated interbank FX platform to deepen market transparency
Read More »

Recent Politics

Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »

Latest Posts

Latest news insights