Abacus Wealth Management

Standard Chartered Bank 2015 Q3 Results

Standard Chartered Bank’s profit for the 9 months ended September 2015, dropped by 24.30% to KES 6.23 billion compared to KES 8.22 billion reported in Q3 2014.

Interest income rose by 0.91% to KES 16.63 billion compared to KES 16.48 billion reported in Q3 2014.

Pretax profit dropped by 20.14% to KES 8.96 billion compared to 11.22 billion in Q3 2014.

The group’s loan book increased by 0.89% to KES 126.51 billion compared to KES 125.39 billion reported in Q3 2014.

Customer deposits grew by 1.22% to KES 166.59 billion compared to KES 164.58 billion reported in Q3 2014.

The Group’s asset base grew by 3.90% to KES 231.64 billion compared to KES 222.59 billion reported in Q3 2014.

The Board of Directors declared an interim dividend of KES 4.50.

For more information:

Standard Chartered Bank 2015 Q3 Results – Download

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