Stanbic Holdings PLC 2020 Integrated Report
The report highlights Stanbic Holdings Plc's performance and sustainability initiatives during the challenging 2020 fiscal year, marked by the COVID-19 pandemic. The company spent KShs 7.8 million on protective gear for staff, enabled 60% of its workforce to work remotely, and donated 192 ventilator units and 1,000 handwashing stations. Financially, Stanbic supported clients by restructuring KShs 40 billion in loans and issuing KShs 844 million in loans to women-led businesses under the DADA initiative. Despite a 19% decrease in profit after tax to KShs 5,192 million, customer deposits grew by 12% to KShs 217,444 million.
Company: Stanbic Holdings PLC
Sector: Finance & insurance
Country: Kenya
Year: 2020
Type: Integrated Report
Pages: 254
Stanbic Holdings PLC
The report highlights Stanbic Holdings Plc's performance and sustainability initiatives during the challenging 2020 fiscal year, marked by the COVID-19 pandemic. The company spent KShs 7.8 million on protective gear for staff, enabled 60% of its workforce to work remotely, and donated 192 ventilator units and 1,000 handwashing stations. Financially, Stanbic supported clients by restructuring KShs 40 billion in loans and issuing KShs 844 million in loans to women-led businesses under the DADA initiative. Despite a 19% decrease in profit after tax to KShs 5,192 million, customer deposits grew by 12% to KShs 217,444 million.
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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
Women on Board
Women in Management
Employees