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.
Deposit rates fall sharply by 30 bps in April as banks move to protect margins
Saudi banks’ April pre-tax profits rise 6.1% year on year to $2.1bn
Reason for bank deposit erosion
CBN rate cut fails to unlock credit as Nigerian banks lending decline - Businessday NG
Kerala banking sector expands across key metrics, NR deposits surge
Analysts reckon that banks have been able to attain bigger lending margins or spreads from an easier release of expensive…
National Bank of Kenya has reported a Sh1.03 billion profit after tax for the first quarter ending March 31, 2026, driven by net…
Stan Chart’s first quarter profit decline contrasts to other tier I peers who managed to post higher profits, largely from…
Growth majorly driven by growth in interest-earning assets and a drop in interest expense.
Absa becomes the second major listed lender to report lower earnings after Standard Chartered Bank Kenya’s net income declined…
The tier-one lender said profit after tax rose to Sh6 billion in the three months to March 31, up from Sh5.5 billion a year…
