Finance
StanChart Kenya Focuses on Wealth Business, Margin Squeeze Seen
This article is for subscribers only.
Standard Chartered Bank Kenya Ltd. will focus on growing its wealth, markets and transaction businesses in the second half of the year, Chief Executive Officer Kariuki Ngari said in an interview.
The wealth business is an area of strategic focus that should continue to grow in the range of 27%, Ngari said on Wednesday after the company reported full-year earnings per share of 52.60 shillings ($0.41).