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Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a Kenyan financial services organization with headquarters in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group , a financial services giant based in South Africa .
Safaricom partners with the Government of Kenya to provide one Paybill number 206206 for use in payment of government services through the governments e-citizen platform April 2015 Realtime settlement (RTS) A service that allows partners to receive funds after withdrawal from their merchant tills real-time in their bank account
Existing CFC Stanbic Holdings Shareholders were allocated shares in the newly listed company. [5] This was the first company spin-off on the NSE In 2012, The company changed its name from CFC Insurance Holdings to Liberty Kenya Holdings Limited [ 6 ] to align the group to the Liberty Group corporate brand.
Most of the newly acquired banks were renamed Stanbic Bank, to avoid confusion with the former parent (and now competitor), Standard Chartered, which continued to operate in Africa. [8] Several more banks in Africa were acquired during the 1990s, and adopted the Stanbic name. [ 8 ]
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Philip Odera is an economist, businessman and bank executive in Kenya, the largest economy in the East African Community.He is the current designate managing director and chief executive officer of CfC Stanbic Bank Limited, [1] a Kenyan financial institution, with total assets valued at approximately US$2 billion (KES:180.51 billion), as of December 2013. [2]
CfC Stanbic Holdings, now Stanbic Holdings plc, a financial institution based in Kenya Computer Film Company , a London digital film special effects company Chess Federation of Canada , Canada's national chess organization
Stanbic IBTC Holdings PLC. came alive as the result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007, then adopting a holding company structure in 2012 to comply with the revised regulatory framework advised by the Central Bank of Nigeria, requiring banks to either divest from non-core banking financial services or adopt a holdings’ company structure.