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

Johannesburg. Photo by Keenan Constance @ Unsplash
Why South Africa’s $925mn World Bank loan could redefine how cities borrow
Read More »
Addis Ababa, Ethiopia. Photo by Gift Habeshaw @ Unsplash
Can Ethiopia’s homegrown economic reform sustain growth or is the recovery fragile?
Read More »
Parked cars in a community. Photo by Sincerely Media @ Unsplash
Buying a used car in Morocco is exhausting - AI platform Choufli wants to fix the chaos
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »

Latest Posts

Latest news insights