Standard Chartered Bank Kenya [@StanChartKE] is this morning holding an Investor Briefing to announce Full Year 2021 Results.
Keep it here for updates
Standard Chartered Kenya [@StanChartKE] full year 2021 results briefing:
Do you have some questions for the management team?
Highest profit in 5 years at Stanchart Kenya:
Balance Sheet snapshot:
-Loan Book +4%
-Customer Deposits +4%
Income:
-Net Interest Income -2%
-Non-Interest Income +25%
-Total Operating Income +7% to Kes 29.2 billion
Net Earnings:
-PBT +70% to Kes 12.6 billion
-PAT +67% to Kes 9 billion (highest in 5 years)
DPS and EPS:
-Kes 14 recommended translating to Kes 19 (Kes 5 already paid) for full year 2021 (DPOR 83%)
-EPS +68% to Kes 23.49
Costs:
-Loan loss provisions -46%
-Total OPEX +10% to Kes 14.5 billion
Risk pricing of loans:
“We are at the tail end of the conversation with the regulator”
-@kariuki_ngari
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