National Bank of Kenya (NBK) has announced a remarkable 275% surge in its profit after tax for the first quarter ending March 31, 2026, reaching Sh1.03 billion.

• This significant profit growth is primarily attributed to an increase in net interest income and a substantial drop in credit impairment charges.
• The Managing Director, George Odhiambo, highlighted the strong start to the year, driven by customer confidence and operational efficiencies.
• Other contributing factors include resilient non-interest income and a notable 92% decrease in loan loss provisions, down to Sh50 million from the previous year.