Stanbic Holdings PLC 2012 Annual Report with Sustainability Disclosures
The report highlights CfC Stanbic Holdings Limited's financial and operational performance for the fiscal year 2012. The company achieved a 64% increase in profit after tax to Shs 3,009 million, driven by strong performance in global markets and successful expansion into South Sudan. CfC Stanbic Bank opened its first branch in Juba, South Sudan, which broke even within eight months. The group also successfully completed a Rights Issue raising Shs 3.88 billion to support future growth. Additionally, the company continued its community investments in education, health, and financial literacy programs.
Company: Stanbic Holdings PLC
Sector: Finance & insurance
Country: Kenya
Year: 2012
Type: Annual Report with Sustainability Disclosures
Pages: 67
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Stanbic Holdings PLC
Annual Report
The report highlights CfC Stanbic Holdings Limited's financial and operational performance for the fiscal year 2012. The company achieved a 64% increase in profit after tax to Shs 3,009 million, driven by strong performance in global markets and successful expansion into South Sudan. CfC Stanbic Bank opened its first branch in Juba, South Sudan, which broke even within eight months. The group also successfully completed a Rights Issue raising Shs 3.88 billion to support future growth. Additionally, the company continued its community investments in education, health, and financial literacy programs.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available