Business & Economy3 stories from 1 sources
Consolidated Bank Returns to Profit with Sh217.5mn - March 2026
Consolidated Bank, fully owned by the Kenyan Government, has reported a significant turnaround, returning to profitability with a 261 percent growth in profit after tax to Sh217.5 million for the year ending December 31, 2025. This marks a substantial improvement from a loss of Sh135 million in 2024. Meanwhile, Family Bank has announced a significant increase in its profit after tax, reporting a 55.4 percent jump to Sh5.38 billion for the full year ending December 2025. In another development, Equity Group Holdings is planning to enter the Mozambique market, according to CEO and Managing Director James Mwangi.
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Consolidated Bank returns to profit with Sh217mn
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