T
Originally published by The Standard Business
📰 Read Full Article
May 20, 2026
1h ago

KCB Q1 net earnings hit Sh17.8b to join rivals in defying tough times

KCB Q1 net earnings hit Sh17.8b to join rivals in defying tough times

Growth majorly driven by growth in interest-earning assets and a drop in interest expense...

✨ Key Highlights

KCB Group has reported a significant increase in its first-quarter net earnings, joining other major Kenyan banks in demonstrating resilience amidst a challenging economic climate.

  • KCB Group's net profit surged by 10.73% to Sh17.8 billion for the first three months of 2026.
  • The stellar performance was achieved by KCB Group, led by Chief Executive Officer Paul Russo.
  • This growth was driven by increased interest-earning assets, reduced interest expenses, and strong non-funded income, despite prevailing interest rate cuts and regional economic pressures.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article
Advertisement
Advertisement