Stanbic Bank Kenya vs Standard Chartered Bank Kenya.
Head-to-head comparison using Central Bank of Kenya weighted-average rates. Lower lending is better for borrowers; higher deposit is better for savers.
Published rates
| Stanbic Bank Kenya | Standard Chartered Bank Kenya | Δ | |
|---|---|---|---|
| Lending rate | 12.84% | 13.35% | -0.51pp |
| Deposit rate | 7.56% | 3.14% | +4.42pp |
| Spread (lending − deposit) | 5.28% | 10.21% | -4.93pp |
Ksh 1,000,000 loan over 5 years
Standard amortising loan, fixed rate, no fees. Stanbic Bank Kenya is cheaper by Ksh 15,683 of interest.
Stanbic Bank Kenya
Ksh 22,671
Ksh 360,275 total interest
Standard Chartered Bank Kenya
Ksh 22,933
Ksh 375,959 total interest
Ksh 1,000,000 deposit over 10 years
Lump sum in a bank savings account at the weighted-average deposit rate, compounded monthly. Stanbic Bank Kenya pays more.
Stanbic Bank Kenya
Ksh 2,124,696
At 7.56% p.a.
Standard Chartered Bank Kenya
Ksh 1,368,328
At 3.14% p.a.