StanChart shrugs off fall in profit, pays dividends

Standard Chartered Bank

Standard Chartered Bank branch on Kenyatta Avenue in Nairobi in a picture taken on January 3, 2020.

Photo credit: Salaton Njau | Nation Media Group

Standard Chartered Bank Kenya shareholders are set for a dividend payout despite the lender posting a 33.9 percent full year profit decline on higher provisioning for loan defaults.

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