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Originally published by The Kenyan Wall Street
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business
August 22, 2025
8h ago

Prime Bank Posts 22% Profit Growth in H1, Ranks 10th by Market Share

Prime Bank Posts 22% Profit Growth in H1, Ranks 10th by Market Share

: Prime Bank, Kenya’s largest Tier II bank, reported a 22.4% rise in net profit to KSh 2.68Bn in H1 2025 as assets expanded to KSh 214.8Bn...

✨ Key Highlights

Prime Bank Group, Kenya's largest Tier II bank, reported a significant 22.4% increase in net profits to KSh 2.68 billion for the first half of 2025, driven by strong interest income and reduced loan loss provisions. The bank now ranks 10th overall in market share by assets in Kenya.

  • Profit after tax grew by 22.4% to KSh 2.68 billion, supported by a 38.7% rise in net interest income.
  • Prime Bank Group is the 10th largest bank in Kenya by market share, holding a 2.9% asset market share as of December 2024.
  • Total assets expanded by 24% to KSh 214.8 billion, while gross non-performing loans fell by 13.5%, indicating improved asset quality.

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Prime Bank Posts 22% Profit Growth in H1, Ranks 10th by Market Share