From retail customers managing day-to-day finances to multinational corporations executing complex cross-border transactions, Standard Chartered continues to innovate and lead, proving that after more than 100 years, it's not just part of Kenya's financial history but is actively shaping Kenya’s future.
In 2024, the company made KES 1.3 billion in profit after tax up from KES 0.2 billion in 2023. This strong performance is attributed to a combination of strong performances in the asset management business, underwriting profits from insurance businesses and returns from investments. Old Mutual also managed to cut its finance costs in half - from KES 2.4 billion in 2023 to KES 1.2 billion in 2024.
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