CfC Stanbic Holdings Limited is a financial services company engaged in the business of banking, stock broking and bancassurance. The Company operates through two segments: Corporate & Investment Banking (CIB) and Personal & Business Banking (PBB). The CIB segment provides commercial and investment financial services to corporates, financial institutions and international counter parties. The products offered include Global markets, Transactional products and services, and Investment banking. The PBB segment provides banking services to individual customers and small to medium sized enterprises. The products offered include Mortgage lending, Instalment sales and finance leases, Card products, Transactional and lending products, and Wealth Management and Advising. Its personal banking include transactional banking, borrowing, saving and investing, and digital banking, and business banking includes transactional accounts, foreign exchange, trade finance and merchant solutions.

LOCATION

CfC Stanbic Holdings Ltd

CfC Stanbic Center, Chiromo Road,

PO Box 30550

NAIROBI 00100

Kenya

PHONE

+254 203268000

FAX

+254 203752905

WEBSITE

http://www.cfcstanbicbank.co.ke/Kenya/

Total Shares Outstanding  :  313,330,879

Shareholding Information

Shareholder Holdings(%)
Stanbic Africa Holdings Ltd. (UK) 41.41
CfC Stanbic Nominees (K) Ltd Non-Resident 18.59
Standard Chartered Nominees Non-Resident 7.47
Standard Chartered Nominees Non-Resident 4.05
Standard Chartered Kenya Nominees Ltd 1.62
Archer & Wilcock Nominees Limited 1.55
Standard Chartered Nominees Non-Resident 1.44
The Permanent Secretary to the Treasury of Kenya 1.10
SCB A/C Pan African Unit Linked Fd 1.10
Sovereign Trust Ltd 0.93
Others 20.74
Total 100

CFC Stanbic Income Statement


Period Ending 31 Dec 2015 31 Dec 2014
Shs’ 000 Shs’ 000
Interest income 14,665,543 11,638,770
Interest expense (5,490,683) (3,256,814)
Net interest income 9,174,860 8,381,956
Impairment losses on loans and advances to customers (907,305) (702,822)
Net interest income after loan impairment charges 8,267,555 7,679,134
Fees and commission income 2,945,090 3,094,893
Fees and commission expense (323,723) (279,176)
Net fees and commission income 2,621,367 2,815,717
Trading income 4,306,207 4,734,752
Other operating income 153,137 306,175
Net trading and other income 4,459,344 5,040,927
Net operating income 15,348,266 15,535,778
Employee benefits (4,851,926) (4,295,671)
Administration and general expenses (2,964,017) (3,339,854)
Depreciation of property and equipment (344,955) (278,602)
Amortisation of intangible assets (110,349) (230,455)
Total operating expenses (8,271,247) (8,144,582)
Profit before income tax 7,077,019 7,391,196
Income tax expense (2,379,983) (1,912,500)
Profit for the year 4,697,036 5,478,696
Earnings per share
Basic and diluted (KShs) per share 27.54 32.12

CFC Stanbic Group Balance Sheet

Period Ended 31 Dec 2015 31 Dec 2014
KShs’ 000 KShs’ 000
ASSETS
Cash, banks and balances with Central Bank of Kenya 11,350,098 9,555,580
Financial investments 45,262,609 49,283,320
Available-for-sale pledged assets 3,439,383 2,884,293
Derivative assets 4,377,196 1,960,415
Loans and advances to banks 23,181,591 12,862,672
Loans and advances to customers 104,981,566 88,347,438
Other assets and prepayments 2,709,300 2,417,387
Investment in subsidiaries
Property and equipment 2,244,902 2,348,229
Prepaid operating lease 56,854 59,807
Other intangible assets 754,370 490,565
Intangible assets – goodwill 9,349,759 9,349,759
Current income tax asset 382,965 4,294
Deferred tax asset 361,322 1,435,226
Total Assets 208,451,915 180,998,985
LIABILITIES AND LIQUIDITY
LIABILITIES
Derivative Liabilities 3,361,440 2,232,264
Financial liabilities at fair value through profit or loss 521,973
Deposits from banks 47,424,577 33,570,267
Deposits from customers 106,246,235 95,838,876
Other liabilities and accrued expenses 5,961,263 5,948,968
Borrowings 6,482,063 6,513,417
Balances due to group companies
Current income tax liability 89,535
Total Liabilities 170,087,086 144,103,792
EQUITY
Ordinary share capital 1,976,608 1,976,608
Ordinary share premium 16,897,389 16,897,389
Other reserves (790,252) 330,248
Retained earnings 18,146,346 15,635,275
Proposed dividend 2,134,738 2,055,673
Total equity attributable to equity holders of the parent 38,364,829 36,895,193
Total equity and liabilities 208,451,915 180,998,985

CFC Stanbic Group Consolidated Statement Of Cash Flow

Period Ending 31 Dec 2015 31 Dec 2014
KShs’ 000 KShs’000
Cash flows generated from activities 6,615,386 8,774,316
Income tax paid (1,766,959) (2,724,750)
Net cash generated from operating activities before changes in operating assets 4,848,427 6,049,566
Loans and advances to customers (16,634,128) (19,213,946)
Loans and advances to banks 115,685 (5,685)
Financial assets-fair value through profit or loss 6,071,271 (6,215,398)
Financial assets-available-for-sale (358,255) (4,371,222)
Deposits held for regulatory purpose (887,400) (267,378)

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