Topic: KCB Group
KCB Group finalizes sale of NBK to Access Bank of Nigeria in a strategic transaction
May 30, 2025 at 11:31 PM
KCB Group has finally completed the sale of its entire stake in the National Bank of Kenya (NBK) to Nigeria’s Access Bank in a landmark transaction....
KCB Group shareholders to get Sh9.6 billion in total dividend payout for 2024
May 22, 2025 at 06:34 PM
KCB Group shareholders will receive a total dividend of Sh9.6 billion for the 2024 financial year, following approval at the company’s annual general meeting in Nairobi on Thursd...
KCB Group posts Sh16.53 billion profit after tax in Q1 2025 as NPLs remain high
May 21, 2025 at 10:37 PM
KCB Group PLC has reported a post-tax profit of Sh16.53 billion for the first quarter ending March 2025, showing a slight rise from Sh16.48 billion recorded over the same period la...
CBK finally approves full acquisition of NBK by Nigeria's Access Bank from KCB
Apr 14, 2025 at 04:45 PM
Central Bank of Kenya (CBK) has approved the 100 per cent acquisition of National Bank of Kenya (NBK) by Access Bank (Access) of Nigeria after adhering to regulatory requirements....
How KCB Group transacted Sh1.3 billion through digital banking channels in 2024
Mar 25, 2025 at 08:50 PM
KCB Group has revealed that 99 per cent of all transactions made through the bank in 2024, which totalled Sh1.3 billion, were conducted outside physical branches, underscoring a ra...
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KCB Group acquires 75 per cent stake in former FKF boss Nick Mwendwa’s fintech
Mar 25, 2025 at 02:43 AM
KCB Group has signed a binding deal to acquire a 75 per cent stake in Riverbank Solutions Limited, a financial services technology firm offering payment solutions including mobile ...
How a new strategic partnership is set to transform intra-Africa trade transactions
Mar 18, 2025 at 01:13 PM
In September 2023, Kenya joined the Pan-African Payments and Settlement System (PAPSS), a key step towards boosting intra-African trade under the African Continental Free Trade Are...
KCB Group subsidiaries provide 30.3 per cent profit share as its Kenya unit fattens
Mar 17, 2025 at 02:00 PM
KCB Group regional subsidiaries (excluding KCB Kenya) share of profit for 2024 stood at 30.3 per cent as regional units posted double digit profit growth apart from Rwanda and Ugan...
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KCB ups sustainability agenda at Karuri ahead of 2025 WRC Safari Rally - VIDEO
Mar 10, 2025 at 08:45 AM
KCB Group has upscaled its sustainability environmental conservation agenda with a tree-planting exercise at Karuri Primary School in Kiambu County ahead 2025 WRC Safari Rally....
Key things to know about PAPSS-KCB cross-border payment system - VIDEO
Mar 05, 2025 at 03:59 PM
KCB Group late last month announced it had integrated the Pan African Payment and Settlement System (PAPSS) in a bid to enable instant payments across African borders....
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KCB Group emerges top in sustainability reporting at the Kenya ESG Awards 2025
Mar 05, 2025 at 12:32 AM
KCB Group was feted for its commitment to Environmental, Social, and Governance (ESG) reporting during the 2nd Edition of the Kenya ESG Awards 2025 held on February 28, 2025....
KCB integrates PAPSS in a move to boost cross-border transactions, trade in Africa
Feb 27, 2025 at 01:27 PM
KCB Group has integrated the Pan-African Payment and Settlement System (PAPSS) into its banking systems in a move aimed at augmenting transactions between African countries....
KCB net profit clocks Sh16.5 billion as NPLs surpass Sh205 billion in Q1 2024
May 22, 2024 at 10:50 PM
KCB Group PLC has announced a remarkable 69 per cent increase in net profit for the first quarter of 2024, reaching Sh16.5 billion, up from Sh9.8 billion in the same period last ye...
KCB pretax profit drops 15 per cent to Sh48.5 billion as operating costs shoot
Mar 20, 2024 at 07:48 PM
KCB Group has posted a 15.5 per cent drop in profit before tax to Sh48.5 billion compared to Sh57.3 billion in 2022, the bank announced in its 2023 full year financial results Wedn...
KCB Group posts Sh30.7 billion net profit in Q3 2023 as its balance sheet expands
Nov 22, 2023 at 08:57 PM
KCB Group PLC, a leading financial institution, has announced an impressive financial performance for the nine months ending 30th September 2023....
KCB posts Sh16.1 billion in net profit in first half-year 2023 amid tough economy
Aug 23, 2023 at 03:40 PM
KCB Group PLC, one of East Africa's leading financial institutions, has marked an impressive milestone in the first half of the year, ending June 30, 2023, after reporting a remark...
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KCB Group secures landmark African cross-border payment deal
Jun 23, 2023 at 03:32 PM
KCB Group, one of East Africa's leading financial institutions, has made a significant stride by signing an Africa-wide agreement aimed at streamlining cross-border transactions on...
KCB Group makes strategic leadership changes at BPR Rwanda and NBK
Jan 26, 2023 at 05:00 PM
Odhiambo was appointed to KCB Group in Rwanda in 2009 to head the Business Analytics and Transformation Project before rising to become its head of Retail Banking in 2013....
KCB quarter three net profits increase to Sh30.6 billion on net interest, NFI growth
Nov 16, 2022 at 02:20 PM
Improved performance driven by strong non-funded income growth and higher net interest income as the Board proposes an interim dividend of Sh1.00 a share....
iPhone 14 officially in Kenya as Salute iWorld pushes e-commerce uptake
Oct 28, 2022 at 10:59 PM
The iPhone 14 offers an array of exquisite colours, from Midnight, Starlight, Blue, Purple, to Red colours and features a new camera system that delivers better low-light performan...
