Company Overview of CFC Stanbic Bank Limited
CfC Stanbic Bank Limited offers banking and financial services to individuals and businesses in Kenya. The company’s personal banking services include personal current accounts, E-Plan accounts, credit cards, Pamoja accounts, Thaminika accounts, gold accounts, Ma Cash accounts, and smart banking services. It also provides home loans, fixed term loans, personal unsecured loans, and vehicle and asset financing services. In addition, the company offers pure save accounts, call accounts, and 32 day notice accounts, as well as accepts fixed deposits. Further, its business banking services consists of business current accounts; business call and fixed deposit accounts; and business overdraft facil...
CfC Stanbic Centre
Key Executives for CFC Stanbic Bank Limited
Chief Operations Officer and Director
Head of Risk & Compliance
Managing Director and Executive Director
Compensation as of Fiscal Year 2014.
CFC Stanbic Bank Limited Key Developments
CfC Stanbic Announces Earnings Results for the First Half of 2013
Aug 13 13
CfC Stanbic announced earnings results for the first half of 2013. CfC Stanbic has so far posted the higher growth in first half profitability in the banking industry recording an 82% rise in its earning after tax. The bank's net profit jumped to KES 2.2 billion, up from KES 1.2 billion, helped by an almost KES 1 billion growth in non-interest revenues including foreign exchange transactions. CfC Stanbic recorded a 16.1% growth in net interest income to KES 3.6 billion from KES 3.1 billion despite registering close to a KES 20 billion drop in loans and advances. The bank reported that the earning were also boosted by a KES 197 million profit from its South Sudan subsidiary while the equity brokerage arm made KES 77 million.
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