A slower pass-through of CBK rate cuts to borrowers helped banks grow first-quarter earnings as deposit costs fell.
By
George Ngigi
Correspondent
Nation Media Group
The cumulative pre-tax profit of commercial banks operating in Kenya rose 13.6 percent in the three months ended March, riding by cheaper deposits.
CBK) shows that the lenders’ pre-tax earnings in the review period stood at Sh111.8 billion, rising from Sh98.2 billion a year…
Analysts reckon that banks have been able to attain bigger lending margins or spreads from an easier release of expensive…
The latest deposits held by the 14 deposit-taking microfinance banks regulated by the CBK mark a reversal of a prolonged decline…
The bank also paid Sh3.2 billion in interest expenses to depositors during the review period, down from Sh3.5 billion a year…
National Bank of Kenya has reported a Sh1.03 billion profit after tax for the first quarter ending March 31, 2026, driven by net…
SBM Bank Kenya has reported a 171 per cent growth in profit before tax to Sh548 million over the first half to June 2026, up from…
