NCBA H1 net profit rises 12.2pc to Sh12.4bn
Profit after tax rose to Sh12.4 billion in the six months ended June, up from Sh11 billion recorded during the same period last year...
✨ Key Highlights
NCBA Group has announced a significant increase in its net profit for the first half of 2026, driven by strong performance in its Kenyan operations and regional subsidiaries.
- Net profit rose by 12.2% to Sh12.4 billion.
- The lender's Kenya Bank subsidiary was the main profit driver, growing profitability by 24.3% year-on-year.
- Group Managing Director John Gachora highlighted strong asset quality with a non-performing loan ratio of 10.5%, below the sector average.
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DPP Charges Three Bank CEOs Over Sh363 Million Fraud Case - August 2026
The Director of Public Prosecutions has charged the CEOs of NCBA Bank, KCB Bank, and Co-operative Bank with failing to report suspected proceeds of crime linked to an alleged Sh363.3 million fraud case. Meanwhile, NCBA Group announced its net profit for the first half of 2026 rose 12.2% to Sh12.4 billion, driven by strong performance in Kenyan operations and regional subsidiaries. At the same time, governance concerns have surfaced at Uchumi Supermarkets where the court-appointed monitor revealed the company opened new branches without his approval, despite outstanding employee and creditor obligations.
