Profile: CfC Stanbic Holdings Limited (CFC.NR)

CfC Stanbic Holdings Limited, formerly CFC Stanbic Bank Limited, is a Kenyan-based bank, engaged in the provision of banking, insurance, financial and related services. The Bank is both an operating, as well as holding company, providing through its subsidiaries, life assurance, general insurance, fund management, investment banking and stock broking services. The Bank operates in two segments: banking and related services, which includes taking deposits, lending to customers and provision of financial, advisory and stock broking services, and insurance, which includes insuring risks for all classes of insurance business. The Bank’s subsidiaries include CFC Financial Services Limited, CFC Holdings Limited, CFC Investments Limited, Equity Stock Brokers Limited, The Heritage AII Insurance Company Limited, Azali Limited, The Heritage AII Insurance Company (T) Limited and CFC Life Assurance Limited.