Stanbic Holdings is a member of the Standard Bank Group, a financial services giant based in South Africa.

The institution serves the banking needs of large and small business customers as well as individuals.

[12] The bank was associated with Moi Era individuals such as Former Attorney-General Charles Njonjo, Jeremiah Kiereini and Bruce Mackenzie who held shares in the company through African Liaison and Consultants Services Limited.

This was completed in April 2011 with the listing of CfC Insurance Holdings Limited on the NSE through introduction.

These shares were distributed to CfC Stanbic Holdings shareholders as a form of dividend.

[20] CfC Stanbic Holdings expanded into South Sudan in 2012 making it the third Kenyan bank to venture into the new African nation, after Kenya Commercial Bank Group and Equity Group Holdings Limited.

[21] In August 2016, the group dropped the 'CfC' brand and was renamed Stanbic Holdings plc.