Co-op Bank, KCB post strong half-year profits as lenders record robust growth in 2026 - August 2026

Co-operative Bank of Kenya posted a 28 percent growth in net profit, contributing to strong half-year results alongside KCB as both lenders recorded robust growth in 2026. In a separate economic milestone, the Kenya Revenue Authority's Customs and Border Control Department recorded its highest-ever monthly collection in July. These financial sector developments come as Kenya engages in Vision 2060 discussions aimed at achieving Singapore-like economic growth, though experts have cautioned that Kenya may not match Singapore's economic growth rate even with the new vision.