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Home » Deal » Stanbic Bank Kenya Sweetens Executive Banking With Sh10m Unsecured Loans and 100% Asset Financing

Stanbic Bank Kenya Sweetens Executive Banking With Sh10m Unsecured Loans and 100% Asset Financing

3 months ago
in Deal
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Head of Private & Personal Banking, Stanbic Bank, Abraham Ongenge

Head of Private & Personal Banking, Stanbic Bank, Abraham Ongenge

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Stanbic Bank Kenya has unveiled enhancements to its Executive Banking proposition, a specialised offering tailored for Kenya’s fast-growing emerging affluent professionals segment, positioning the lender to tap into a demographic increasingly shaping the country’s economic landscape.

The revamped Executive Banking suite is designed to support clients through critical wealth-building milestones, providing personalised financial solutions aligned to their ambitions, lifestyle, and long-term financial goals.

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Under the enhanced proposition, Executive Banking clients will enjoy access to personalised and timely investment advice, alongside domestic and global investment solutions structured around their wealth accumulation objectives. The package also offers up to Sh10 million in unsecured lending facilities to cater to both personal and professional financing needs.

In addition, clients can access up to 100 per cent comprehensive vehicle and asset financing with instant approvals, a move aimed at easing asset ownership for professionals in their peak earning years.

A key feature of the proposition is the Mastercard World Credit Card, which extends benefits beyond everyday transactions to deliver an elevated lifestyle experience. Cardholders will receive complimentary airport lounge access for seamless travel, comprehensive travel insurance, and exclusive discounts across shopping, dining, entertainment, and education. The offering is crafted to match the aspirations of Kenya’s rising professionals while delivering practical financial value.

Speaking during the launch, Abraham Ongenge, Head of Private and Personal Banking at Stanbic Bank Kenya, said the enhanced suite is structured to build financial resilience while supporting long-term growth.

“Kenya’s emerging affluent professionals are at their peak earning and accumulation years. They require solutions that protect income, unlock access to credit, and create structured pathways for investment and asset ownership. Executive Banking is designed to partner with them at every stage of that journey,” Ongenge said.

Stanbic Bank’s focus on affluent and high-net-worth clients has earned it global recognition. The lender was named Best Private Bank by Global Finance in 2025, ranked No. 1 Private Bank in Kenya by Global Finance in 2024, and awarded Best International Private Bank in Kenya by Euromoney in 2024.

Ongenge noted that by combining financial protection, access to credit, structured investment solutions, dedicated relationship management, and family-focused security, Executive Banking positions Stanbic as a trusted financial partner for Kenya’s next generation of affluent professionals.

The move signals intensifying competition among Kenyan banks to capture the emerging affluent segment, as rising incomes, entrepreneurship, and professional growth reshape consumer banking needs across the country.

Tags: Abraham OngengeStanbic Bank
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