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

A section of Malian nationals. Photo by Bob Brewer @ Unsplash
Mali targets $2.6bn on WAEMU market as regional debt strategy deepens
Read More »
A woman selling bananas in a market. Photo by Andrew Itaga @ Unsplash
Tanzania inflation falls to 3.3% in January as food prices ease
Read More »
Nairobi, Kenya © Unsplash
Kenya central bank cuts rate to three-year low as bad loans fall
Read More »

Recent Politics

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 »
Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »

Latest Posts

Latest news insights