Nairobi, March 15 -- Standard Chartered Bank Kenya raised its dividend payout by 32 percent to a record Sh29 per share as net profit for the financial year ended December 2023 grew 15 percent to Sh13.8 billion.

The lender's chief executive Kariuki Ngari spoke to the Business Daily about what drove the growth, what it takes to stick to one's playbook even during a season of turbulence and what banking the affluent looks like.

You have increased dividends by 32 percent as profits grew. What worked for you in the year loan defaults were mounting?

For us, it was about focusing on ourselves. It was about having a clear strategy, sticking to it and ensuring there is no distraction even when it got rough at times.

We focused on the four stra...