The group raised its loan-loss provision by 30 percent to Sh273.9 million from Sh210.6 million, signalling continued caution over potential credit losses.
By
Constant Munda
Correspondent
Nation Media Group
HFCB Plc Group has reported a 59.9 percent increase in profit after tax for the half-year period ended June, driven by higher earnings from lending and other banking activities.
FCMB Group Plc announced a 99% surge in H1 profit before tax to N157.3bn in 2026, driven by stronger lending income and digital…
FCMB Group has released its unaudited financial results for the half-year (H1) ended June 30, 2026, reporting a 99 percent…
I&M Group PLC and HFCB Group PLC posted higher half-year earnings, joining rivals in delivering results that have provided a rare…
Cost-to-income ratio dropped to 41.4 per cent from 57 per cent one year prior, strengthening earnings.
The group’s profit growth was attributable to a cheaper cost of funds and lower loan loss provisions following improved quality…
Customer deposits grew by 11 percent to KSh551 billion, with total assets rising by 11.5 percent to KSh739 billion.
