Standard Chartered Kenya posts 7.5 pct rise in 2014 pre-tax profit

Standard Chartered Bank Kenya reported on Thursday a 7.5 percent rise in pre-tax profit for 2014 to 14.35 billion shillings ($156 million) as net interest income climbed.

The bank, a unit of Standard Chartered, reported pre-tax profit of 13.35 billion shillings in 2013. Net interest income rose to 17.90 billion shillings in 2014 from 16.76 billion shillings a year earlier.