Stanbic 1H23 Financial Results Presentation slide image

Stanbic 1H23 Financial Results Presentation

STEADY GROWTH IN ALL INCOME LINES KES Millions KES Millions 18,000 16,797 16,000 14,000 12,000 10,000 8,000 6,000 4,746 4,000 3,150 2,000 June 2023 June 2022 10,000 9,000 8,000 12,051 11,494 7,000 6,000 Interest income 5,940 8,343 5,000 ■Trading and other income Interest expense 4,525 4,000 ■Net fees and commissions ■Net interest income 3,000 2,000 2,958 1,000 2,335 June 2023 June 2022 June 2023 June 2022 42% 45% 58% 55% 14 | STANBIC 1H23 FINANCIAL RESULTS PRESENTATION Non-Interest income Net interest income Key Takeouts ☐ Net interest income increased year on year by 44% mainly explained by growth in the lending book, improved margins and managing cost of funds Growth in trading and other income due to higher margins and increase in client flows Fees and commission boosted by key investment banking deal and fees from digital channels
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