C
Originally published by Capital Business
📰 Read Full Article
business
April 1, 2026
11h ago

UBA Kenya swings back to profit with Sh426.8mn

UBA Kenya swings back to profit with Sh426.8mn

The turnaround was supported by a 76 percent growth in customer deposits, which rose to Sh16.1 billion, strengthening the bank’s funding base. Kenya breaking news | Kenya news today |..

✨ Key Highlights

UBA Kenya has achieved a significant financial turnaround, reporting a net profit of Sh426.8 million for the year ending December 31, 2025, a marked improvement from a loss of Sh586.75 million in 2024.

  • The bank's recovery was boosted by a 76 percent growth in customer deposits, reaching Sh16.1 billion.
  • Key players include United Bank for Africa Kenya, supported by its parent company United Bank for Africa Plc, and the Central Bank of Kenya.
  • UBA Kenya also invested $150 million in the government's Road Securitization Programme to support infrastructure development.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement
Advertisement