Stanbic Bank Kenya has announced that its commitment to empowering Small and Medium Enterprises (SMEs) and entrepreneurs has earned the bank the recognition as the 'Best Pan-African Bank for SMEs' at the EMEA Finance African Banking Awards 2024.
This accolade underscores the bank's unwavering commitment to supporting small and medium enterprises (SMEs) across Kenya and the African continent.
Further, Stanbic's commitment to SME growth extends beyond financial products, as the bank continues to drive economic inclusion and job creation through its operations.
In the financial year ending December 2024, 9 percent of the bank's loan book was allocated to the agricultural sector, with Sh76 billion in trade loans disbursed to support business expansion.
