Let me also commend the Board, Management and Staff of Standard Chartered Bank for steering the institution from its formation in 1911, and for successfully providing financial services to Kenyans for the last 100 years. Over the years, the Bank has achieved several milestones with a number of strategic alliances and acquisitions.
These milestones have extended the customer base, geographic reach and broadened the product range that Standard Chartered offers. The bank has strongly focused on developing its franchises in Asia, Africa and the Middle East through concentration on consumer, corporate and institutional banking. In Kenya, the bank focuses on two core business divisions, Wholesale banking and Consumer banking.