T
Originally published by Tech Arena
📰 Read Full Article
tech
May 22, 2026
22h ago

National Bank of Kenya Posts 275% Profit Surge in Q1 2026

National Bank of Kenya Posts 275% Profit Surge in Q1 2026

National Bank of Kenya (NBK) recorded KShs 1.03 billion in profit after tax for the first quarter ending March 31, 2026..

✨ Key Highlights

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 KShs 1.03 billion.

  • NBK's profit after tax soared to KShs 1.03 billion from KShs 275.7 million in Q1 2025.
  • The profit growth was primarily driven by increased net interest income and a significant 92% reduction in credit impairment charges.
  • Improved asset quality and recoveries contributed to the substantial decline in loan loss provisions.

Continue Reading

Read the complete article from Tech Arena

📰 Read Full Article
Advertisement
Advertisement