NAIROBI, Kenya – Stanbic Bank PLC has reported a profit after tax of KSh 9.38 billion for quarter three of 2025.
The lender attributed the profit to a 16% year-on-year growth in loans and advances to customers of up to KSh 253 billion, accelerating faster than the industry’s private sector growth, driven by enhanced customer support and product diversification.
Speaking during the release of the financial results on Thursday, November 20, Stanbic Bank Chief Executive Officer (CEO) Joshua Oigara said the performance reflects the strength of the bank’s franchise and customer confidence.
“Our Q3 performance reflects the strength of our franchise and the confidence our customers place in us. With robust growth in loans and deposits, we are building the foundations for sustainable earnings as we transform for the future. We are confident this momentum will translate into stronger returns and lasting value for our shareholders,” said Dr Oigara.
How Stanbic supports Kenya’s economy
Oigara further shared the bank’s commitment to supporting Kenya’s economy through growth sectors, including oil and gas, agriculture, Small and Medium Sized (SME) entities and individual lending.
‘’Our commitment to supporting key sectors of the economy has driven solid growth in loans and deposits, building momentum towards closing the profitability gap and achieving our full‑year ambitions. We remain focused on delivering sustainable shareholder value while capitalising on emerging opportunities,’’ he added.
The Nairobi Securities Exchange (NSE)-listed firm’s KES 476 billion balance sheet remained resilient, for the second year, successfully facilitating a $1.5 billion (KSh 194.93 billion) Eurobond transaction, and continuing its critical supporting role in the Government of Kenya’s liability management strategy and economic stability.
Dennis Musau, the Chief Financial and Value Officer, said the Bank’s Non-performing loans (NPL) ratio stood at 8.4%, ranking among the best in the industry in a period that saw elevated credit default rates and sluggish private sector credit growth.
“Our balance sheet momentum remains strong, supported by sustained customer activity. While margin compression has moderated earnings, our strategic position remains solid, anchored in a stable operating environment. Our commitment to elevating our customer experience and creating operational efficiencies continues to deliver value,” Dennis noted.
The bank, which operates in Kenya and South Sudan, continues to cement its market positioning through innovative and strategic solutioning, which grew its assets under management to KSh 4.81 billion.
In October 2025, Fitch Ratings reaffirmed Stanbic Bank Kenya’s rating at ‘B’ with a ‘Stable’ Outlook. The rating agency also affirmed the bank’s Viability Rating (VR) of ‘b’, which is the highest attainable national rating on Kenya’s national scale.
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