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

Ahmed Shide, Ethiopia's Minister of Finance and Mme Eléonore Caroit, the French Minister for Europe and Foreign Affairs. Photo @ Ministry of Finance-Ethiopia.
Ethiopia seals landmark debt restructuring and €81.5mn French support
Read More »
Gold bars. Photo by Zlaťáky @ Unsplash
Africa’s collateral economy: How gold, cocoa and copper are reshaping frontier bonds
Read More »
Street market in Kaduna, Nigeria. Photo @Pexels
WAEMU sovereign borrowing shifts to longer-term bonds as issuance doubles
Read More »

Recent Politics

Burundi’s President Évariste Ndayishimiye. Photo: Présidence - République du Burundi/Facebook
African Union elects Burundi’s Ndayishimiye as 2026 chair
Read More »
Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »
Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »

Latest Posts

Latest news insights