CfC Stanbic Holdings Limited (the Group) is a subsidiary of Stanbic Africa Holdings Limited (SAHL), which is in turn owned by Standard Bank Group Limited (SBG). CfC Stanbic Holdings Ltd. operates as a holding company with interest in providing banking, insurance, wealth management and stock broking services. It operates through two segments: Corporate and Investment Banking, and Personal and Business Banking. Personal Banking offers Transactional Banking, Borrowing, Saving and Investing and Digital Banking Services. Business Banking offers Transactional Accounts, Borrowing, Foreign Exchange, Savings and Investments, Trade Finance and Merchant Solutions.
The bank has positioned itself as a premier solutions provider within Commercial Banking, SME, Wealth and Investments, and Private Banking Segments. Among the Strategic initiatives the bank is undertaking is the opening of new branches in the Hub Karen (April 2016) and Two Rivers in July 2016, Investing further in Private and Commercial Banking Segments and Investing Significantly in Mobile and Internet Banking Capabilities. Recently the bank was named Best Treasury and Cash Management provider in Kenya by Global Finance. The Bank’s strategic relationship with the Industrial and Commercial Bank of China (ICBC), which now extends to global markets outside East Africa business, provides the bank with increasing opportunities to drive East Africa’s growth.
The company also has division servicing clients in the Republic of South Sudan. Its corporate and investment banking division services range from transactional banking, debt securities and equity trading to project, structured and trade financing.
The Corporate and Investment Banking segment offers foreign exchange, and debt securities and equities trading services; transactional banking and investor services; investment banking services, such as project finance, advisory, structured finance, structured trade finance, corporate lending, primary markets, and property finance services; and wealth management and advisory services to larger corporates, financial institutions, and international counterparties. The Personal and Business Banking segment provides residential accommodation loans to individual customers; instalment sales and finance leases, including instalment finance in the consumer vehicles market, and vehicles and equipment finance in the business market; and card facilities to individuals and businesses. This segment also offers transactional and lending products comprising deposit taking, electronic banking, cheque accounts, and other lending products associated with the various points of contact channels, such as ATMs, Internet, and branches. The company was formerly known as CfC Stanbic Holdings Limited and changed its name to Stanbic Holdings Plc in October 2016. The company is based in Nairobi, Kenya. Stanbic Holdings Plc is a subsidiary of Stanbic Africa Holdings Limited.
Stanbic Holdings Plc is listed on the Nairobi Securities Exchange