Study shows big banks trailing CFC Stanbic in investor friendly index

From left: Rose Kibe Hetal Nathawani and Cytonn Investments’ Partner and Chief Finance Officer Elizabeth Nkukuu, during the release of Cytonn’s Banking Sector Report in Nairobi yesterday. [Photo:Elvis Ogina/standard]

CFC Stanbic has the best prospects for investors over the next five years, according to a new research that could ruffle the banking industry leaders. The research was done by asset management firm Cytonn.

According to the research, National Bank of Kenya and Housing Finance (HF) have been ranked lower among the listed companies.