KCB Group’s profits fell after it shut 15 branches in conflict-hit eastern DRC due to rising insecurity.
By
James Anyanzwa
Business Reporter in Nairobi, Kenya
Nation Media Group
KCB Group blames the shutdown of its 15 branches in the conflict-ridden eastern Democratic Republic of Congo (DRC) for a drop in income from the lucrative Congolese market.
KCB half-year profit rose 20.8% to KSh49.3 billion before tax, with regional banks outside Kenya contributing 27.7% of group…
CRDB Bank says the “strategic significance” of its unit in the mineral-rich country goes beyond profits.
Growth majorly driven by growth in interest-earning assets and a drop in interest expense.
The shares were bought from local institutions and foreign investors who traded part of their holdings to take profits as the…
KCB Group, dismissed 60 employees in 2025 over fraud, nearly doubling the number of staff fired in the previous year.
KCB Group has declared an interim dividend payout after half‑year net profit rose to Sh36.1 billion on the back of an expanded…
