The group’s profit growth was attributable to a cheaper cost of funds and lower loan loss provisions following improved quality of its loan book.
By
George Ngigi
Correspondent
Nation Media Group
KCB Group has increased its interim dividend by 50 percent to Sh3 per share after reporting a 14.2 percent growth in net profit in the half-year ended June.
KCB Group has declared an interim dividend payout after half‑year net profit rose to Sh36.1 billion on the back of an expanded…
The performance comes as NCBA prepares for a new ownership structure following the successful conclusion of Nedbank's tender…
KCB Group Plc shareholders have approved a total dividend payout of Sh22.5 billion for the 2025 financial year, rewarding…
Growth majorly driven by growth in interest-earning assets and a drop in interest expense.
Customer deposits grew by 11 percent to KSh551 billion, with total assets rising by 11.5 percent to KSh739 billion.
Co-op Bancassurance Intermediary’s pre-tax profit rose to Sh812.7 million from Sh790.8 million, supported by increased insurance…
