T
Originally published by Tech Arena
📰 Read Full Article
tech
March 24, 2026
2h ago

National Bank of Kenya Profit Surges 178% to KSh 2.9 Billion

National Bank of Kenya Profit Surges 178% to KSh 2.9 Billion

National Bank of Kenya reports a 178% rise in profit before tax to KSh 2.9 billion in 2025 following its acquisition by Access Bank PLC..

✨ Key Highlights

National Bank of Kenya (NBK) has announced a significant surge in its profitability, with profit before tax skyrocketing by 178% to KSh 2.91 billion for the financial year ending December 31, 2025. This impressive financial performance marks a substantial recovery and growth for the institution.

  • NBK's profit before tax reached KSh 2.91 billion, a 178% increase from KSh 1.05 billion in 2024.
  • The bank attributes its success to disciplined execution of turnaround priorities and a focus on strengthening its balance sheet and operational efficiency, as stated by Managing Director George Odhiambo.
  • Key financial metrics showing improvement include a rise in net interest income to KSh 10.3 billion and a significant drop in interest expenses by 33%.

Continue Reading

Read the complete article from Tech Arena

📰 Read Full Article
Advertisement
Advertisement