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Originally published by Nation Business
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business
May 21, 2026
5h ago

KCB Group posts 11pc profit growth to Sh18b in quarter 1

KCB Group posts 11pc profit growth to Sh18b in quarter 1

KCB protected its bottom line through a surge in digital loan disbursements and booming foreign exchange income...

✨ Key Highlights

KCB Group has announced a 10.7 percent increase in its net profit for the first quarter of the year, reaching Sh17.81 billion.

  • The bank's profit growth was driven by increased interest and non-interest income, alongside a strong expansion of its loan book to Sh1.208 trillion.
  • KCB Group CEO Paul Russo highlighted disciplined execution and digital innovation as key factors in the solid performance.
  • Despite the positive results, KCB Group's net profit trails that of Equity Group, which posted Sh18.3 billion for the same period.

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