Search results
Results from the WOW.Com Content Network
Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a Kenyan financial services organization with headquarters in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group , a financial services giant based in South Africa .
Most of the newly acquired banks were renamed Stanbic Bank, to avoid confusion with the former parent (and now competitor), Standard Chartered, which continued to operate in Africa. [8] Several more banks in Africa were acquired during the 1990s, and adopted the Stanbic name. [ 8 ]
Stanbic IBTC Holdings PLC. came alive as the result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007, then adopting a holding company structure in 2012 to comply with the revised regulatory framework advised by the Central Bank of Nigeria, requiring banks to either divest from non-core banking financial services or adopt a holdings’ company structure.
Stanbic Bank (Uganda) Limited is licensed as a merchant banker, stockbroker, and financial adviser by the Capital Markets Authority, which licensed the USE in 1997. [11] [13] In 2017 the bank was awarded a bancassurance licence from the Insurance Regulatory Authority, authorizing Stanbic Bank to sell insurance products to its customers and the ...
Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services.Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
Later in July 2010 the CFC Stanbic Holdings Limited shareholders would participate in a vote that lead to the separation and demerger of the company's insurance and banking sections. In 2011 CFC Insurance Holdings became listed on the Nairobi Securities Exchange, (NSE). CFC Life changed its name fully to Liberty Life Assurance Kenya Limited in ...
Joshua Nyamweya Oigara (born 1975) is a Kenyan businessman, accountant and corporate executive and the current chief executive officer Stanbic Bank Kenya and South Sudan starting November 2022. He is the immediate former Group chief executive officer of the Kenya Commercial Bank Group .
Anne Juuko (born c. 1981), is a Ugandan investment banker and corporate executive, who was appointed by Standard Bank Group as the Regional Head of Global Markets in the group's Eastern African region, covering South Sudan, the Democratic Republic of the Congo, Uganda, Kenya, Tanzania, Malawi and Zambia.