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National Bank of Kenya branch in Nairobi. [File, Standard]

The National Bank of Kenya (NBK) has reported a Sh1.03 billion profit after tax for the first quarter ending March 31, 2026, driven by net interest income and a substantial reduction in credit impairment charges.

The net earnings represented a 275 per cent growth compared to Sh275.7 million recorded during a similar period last year.

Net interest income increased to Sh2.84 billion from Sh2.4 billion in the first quarter of 2025, a rise the lender attributed to disciplined asset pricing and improved funding efficiency.