Standard Chartered Kenya

Standard Chartered Bank Kenya

Type	Public
Traded as	KN:
Industry	Financial Services
Founded	1910
Headquarters	Nairobi, Kenya
Key people	Anne Mutahi Chairperson Lamin Manjang Chief Executive Officer
Products	Loans, Checking, Savings, Investments, Debit Cards
Revenue	Aftertax: US$108.7 million (KES:9.26 billion) (2013)
Total assets	US$2.539 billion (KES:220.39 billion) (2013)
Number of employees	1,040+ (2011)
Website	www.sc.com/ke

Standard Chartered Kenya, whose official name is Standard Chartered Bank Kenya Limited, but is sometimes referred to as Stanchart Kenya, is a commercial bank in Kenya. It is a subsidiary of the British multinational financial conglomerate headquartered in London, United Kingdom, known as Standard Chartered. Stanchart Kenya is one of the banks licensed by the Central Bank of Kenya, the central bank and national banking regulator, in the largest economy in the East African Community.

Standard Chartered Kenya is a large financial services provider in Kenya. As of December 2013^[update], the bank's total assets were valued at about US$2.539 billion (KES:220.39 billion), with shareholders' equity of about US$417.1 million (KES:36.2 billion). At that time, Standard Chartered Kenya was the 4th largest bank, by assets, out of the 43 licensed banks in the country.

According to the website of the Central Bank of Kenya, the Standard Bank of British South Africa received its commercial banking license in 1910 to start banking operations in British East Africa. In January 1911, it opened its first two branches, one in the national capital, Nairobi, and another in the port city of Mombasa.

In 1969, the bank's name was changed to Standard Chartered Bank of Kenya when the its parent company, the Standard Bank of South Africa, merged with the Chartered Bank of India, Australia and China forming the Standard Chartered Bank. In 1987, Standard Chartered sold all its shareholding in Standard Bank of South Africa, entirely divesting from the group.