History of Standard Chartered Bank Kenya Limited, Loans and account opening

1 min read

Standard Chartered Bank Kenya Limited was established in 1911 with the first branch opened in Mombasa Treasury Square. The Bank was listed on the Nairobi Securities Exchange in 1989. The public shareholding is just over 25% (remainder held by Standard Chartered PLC), and comprises over 30,000 shareholders. We have a total of 38 branches spread across the country, 98 ATMs and more than 1,800 employees.

We offer a variety of local and foreign currency banking solutions to meet our clients, transactional, borrowing and investment needs. We have a diversified portfolio cutting across select sectors that include business services, manufacturing, wholesale and retail trade, transport and communication, real estate, agriculture, energy and water. Our target segments are mainly corporate clients, government and government agencies, commercial clients and retail clients.

Standard Chartered Bank Kenya has achieved a number of firsts in the Market: first bank in Kenya to be awarded the ISO 9002 certification in technology systems, first ATM Automated Banking Centre in Kenya and for 24-hour convenience, first to introduce unsecured Personal Loan and first to introduce Priority Banking facilities in Kenya for more affluent customers amongst others.

Our Business model is driven by a refreshed strategy, which is highly focused on the three clients segments (Retail Banking, Commercial Banking and Corporate & Institutional Banking) and supported by five products groups. Standard Chartered continues to perform strongly in its chosen niches.

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