Standard Chartered Bank Kenya Limited was established in 1911 with the first branch opened in Treasury Square, Mombasa. Today, 102 years later, Standard Chartered Bank is one of the leading banks in Kenya, with an excellent franchise. It has a total of 34 branches spread across the country, 97 automated teller machines (ATMs) and over 1,900 employees.
The Bank has about 32,000 local shareholders holding 26% of the Bank’s total shares. It is a publicly quoted company on the Nairobi Securities Exchange since 1989. Our capital, deposit base, and lending portfolio is reported in Kenya Shillings, and we offer a variety of local and foreign currency accounts, both deposit and loan, to our customers. We have a diversified portfolio cutting across select sectors that include business services, manufacturing, wholesale and retail trade, transport and communications, real estate, agriculture, energy and water.
Further underpinning its importance, Standard Chartered Bank Kenya Limited hosts the regional Shared Service Centre supporting the Bank’s technology operations in Uganda, Tanzania, Zambia and Botswana and South Africa on a real time basis.
Consumer Banking serves its customer base through a segmented strategic approach focusing on Priority and International Banking, SME, Preferred and Personal Banking segments. Through this customer centric approach, the customers are able to access wealth management products such as current accounts, savings accounts, Fixed and Call Deposits as well as investment products. They are also able to access loan products such as unsecured loans, overdrafts, mortgages, business loans and business overdrafts. Other off-balance sheet products and services such as letters of credit, trade services and foreign exchange products are available to customers. Other services offered by Consumer Bank include mobile and internet banking.
Wholesale Banking offers lending, trade and cash management in commercial banking. It also offers FX sales and trading, derivatives, options, structured trade finance, assets and liabilities management, syndications and fixed income.
• Standard Chartered Bank was the first bank in Kenya to be awarded the ISO 9002 certification in technology systems.
• Standard Chartered Bank opened the first ATM in Kenya and first Automated Banking Centre for 24-hour convenience.
• First utility bill payment and satellite television payment over ATM.
• First to introduce Priority Banking facilities in Kenya for more affluent customers.
• First to launch International Photo Debit Card.
• First to introduce unsecured Personal Loan.
• First to introduce a service exclusively for women - Diva Account.
• First to launch Mobile Top-Up scheme.
• First to launch Banking Business Solutions for corporate customers.
Awards in excellence
• Best Consumer Internet Bank – Global Finance Country Awards – July 2013
• Best Foreign Bank in Kenya – EMEA Africa Finance Awards – September 2012
• Green Building Recognition Award – March 2012
• Second position Best Bank in Kenya April 2012 – Think Business Banking Awards
• Financial Reporting Excellence Award - ( 2012, 2011, 2010, 2008, 2002 & 2001)
• Best Bank in Kenya 2011 - Think Business Banking Awards
• Best Bank in Kenya 2010 - Euromoney Awards for Excellence
• Best Bank in Kenya 2010 - Think Business Banking Awards
• 2010 Award Winner - Great Work Place (Gallup)
• Corporate Citizenship Award 2009 - Financial Reporting Excellence Awards
• Best Internet Bank (2007 & 2008) - Global Finance Magazine
• East Africa Most Respected Financial Institution (2003, 2005, 2006) - Nation Media Group and PriceWaterhouseCoopers
• Corporate of the Year Bank 2005 - Market Intelligence Silver Prix for Most Promising New Product 2005 (Kenya’s Fixed Rate Home Loan) Grand Prix Gold Award 2005 - IFS/Deloitte Financial Innovation Awards