THE AFRICA TIMES | KENYA — Stanbic Holdings Plc has reported a resilient financial performance for the first half of 2026, posting a profit after tax of Sh6.6 billion. This success is attributed to strong balance sheet growth, disciplined risk management, and increased lending to key sectors of the economy.
Financial Growth Metrics
The Group’s total assets increased by 27 percent, reaching Sh602 billion. Similarly, customer deposits rose by 28 percent to Sh422 billion, highlighting sustained customer confidence and liquidity strength.
Moreover, customer loans saw a 24 percent increase to Sh290 billion. This growth was driven by continued financing in trade, agriculture, energy, and manufacturing sectors that support economic expansion.
Leadership Commentary
Chief Executive Officer Dr. Joshua Oigara stated that the results reflect the
