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Standard Chartered Kenya Sees Tenfold Surge in Sustainable Finance Revenue

© 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.

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