SWOT and PESTLE analysis of Standard Chartered Bank Limited, Kenya

Stanchart swot and pest analysis: Standard Chartered Kenya is a Kenyan financial service provider whose headquarters are in Nairobi. Founded in 1911. The bank is listed in the Nairobi Securities Exchange and has over 38 branches across Kenya and more than 30000 shareholders.

 

Summary of Standard Chartered Kenya

 

• Company name: Standard Chartered Bank Kenya Limited
• Location: 48 Westlands Rd, Nairobi.
• Business sector: financial service
• Revenue: Sh13.3 billion as per financial year ending December 2016
• CEO: Lamin Manjang
• Competitors: Equity Bank, Cooperative Bank, Family Bank, Stanbic Bank, Barclays. Kenya Commercial Bank
• Standard Chartered Kenya official website: https://www.sc.com/ke/
• Standard Chartered Kenya official Facebook page: https://www.facebook.com/StandardCharteredKE
• Standard Chartered Kenya official twitter handle: https://twitter.com/StanChartKE
• Standard Chartered Kenya official contacts: +254 329 3900  or  +254 722 203666  or +254 732 143900
• Common company tags: hifadhi account, safari savings account, safari junior account, standard chartered mobile banking app.

 

SWOT analysis of Standard Chartered Kenya

The following is the SWOT analysis of Standard Chartered Kenya

Strengths

• Consistent returns for shareholders
• Experienced workforce
• Accomplished business units

Weaknesses

• Credit ratings downgrade
• Competition in the market

Opportunities

• Expanding demand
• Steady increase in income levels
• Urbanization
• Project funding
• Steady growth in rates and profitability

Threats

• Financial capacity
• Cyber crime
• ·         Economic slowdown

PESTLE analysis of Standard Chartered Kenya

The following is the PESTLE analysis of Standard Chartered Kenya

Political

• Political uncertainty in the country
• Terrorism

Economical

• Volatile Kenyan currency

• Technological
• Digital technology solutions

Social

• Rapid urbanization

• Rise in the disposable market of its operational geography

Legal

• Strict and increased regulatory demands

Environmental

• Renewal energy investments

• Environmental screening of transactions

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