KCB reports KES 68.4B profit as digital channels handle 99% of transactions
KCB Group reported KES 68.4 billion in profit after tax for FY2025 and revealed that 99% of its transactions are now conducted outside traditional bank branches...
✨ Key Highlights
KCB Group has announced a significant profit after tax of KES 68.4 billion for the financial year ended 2025, driven by a strong surge in digital transactions and regional growth.
- 99% of transactions were completed through digital channels, underscoring the declining reliance on physical branches.
- Group CEO Paul Russo highlighted the bank's extensive reach, serving 34 million customers.
- Digital lending saw a 30% increase, with mobile loan disbursements reaching KES 544 billion.
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KCB Reports KES 68.4B Profit as Digital Channels Handle 99% of Transactions - March 2026
KCB Group announced a profit after tax of KES 68.4 billion for the financial year ended 2025, driven by a strong surge in digital transactions which now handle 99% of all transactions. Safaricom implemented a privacy enhancement for M-PESA, masking sender phone numbers in person-to-person money transfers to protect user identity. Separately, Safaricom now requires a Police OB report and a physical shop visit to provide users with an unredacted M-PESA statement, citing compliance with the Data Protection Act. Absa Group also launched Absa Global Pay in partnership with Thunes to facilitate faster, simpler, and more affordable cross-border remittances to Kenya and other markets.
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