Nairobi Securities Exchange PLC 2020 Integrated Report
The report highlights the Nairobi Securities Exchange's (NSE) performance and strategic milestones during the challenging 2020 fiscal year marked by the COVID-19 pandemic. Despite market volatility, the Group achieved a remarkable increase in profit after tax of over 100% to Kshs. 87.7 million, largely driven by a 25% reduction in administrative expenses. Key achievements included the launch of the Unquoted Securities Platform (USP) to facilitate over-the-counter trading, the rollout of an upgraded mobile application, and the initiation of the Securities Lending and Borrowing (SLB) pilot phase. Additionally, the NSE supported sustainable finance by listing East Africa's first green bond, issued by Acorn Holdings.
Company: Nairobi Securities Exchange PLC
Sector: Finance & insurance
Country: Kenya
Year: 2020
Type: Integrated Report
Pages: 132
Nairobi Securities Exchange PLC
The report highlights the Nairobi Securities Exchange's (NSE) performance and strategic milestones during the challenging 2020 fiscal year marked by the COVID-19 pandemic. Despite market volatility, the Group achieved a remarkable increase in profit after tax of over 100% to Kshs. 87.7 million, largely driven by a 25% reduction in administrative expenses. Key achievements included the launch of the Unquoted Securities Platform (USP) to facilitate over-the-counter trading, the rollout of an upgraded mobile application, and the initiation of the Securities Lending and Borrowing (SLB) pilot phase. Additionally, the NSE supported sustainable finance by listing East Africa's first green bond, issued by Acorn Holdings.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees