Topic: NBK
NBK records 142 per cent increase in post-tax profit to Sh1.2 billion in Q3 2024
Nov 21, 2024 at 10:41 PM
The National Bank of Kenya (NBK) has achieved remarkable financial success, reporting a Sh1.2 billion profit after tax for the third quarter of 2024....
CAK approval of Access Bank buyout of NBK guarantees retention of workforce
Oct 31, 2024 at 09:59 AM
The Competition Authority of Kenya (CAK) has conditionally approved Access Bank PLC's acquisition of the entire issued share capital of the National Bank of Kenya Limited (NBK)....
NBK sees Sh839 million profit surge despite 14 per cent dip in customer deposits
Aug 22, 2024 at 07:41 PM
Despite returning to profitability in the first half of 2024, the National Bank of Kenya (NBK) faced a notable 14 per cent decline in customer deposits, which closed at Sh102 billi...
Court clears path for Nairobi Upper Hill Hotel auction in fierce legal row
Jul 22, 2024 at 04:27 PM
National Bank of Kenya has secured a court order paving the way for the auction of the Nairobi Upper Hill Hotel....
NBK posts Sh535 million gross profit in Q1 2024 as operating income grows
May 27, 2024 at 10:04 AM
National Bank of Kenya (NBK) has reported a pre-tax profit of Sh535 million for the first quarter of 2024, marking a significant 217 per cent increase from the Sh169 million record...
KCB Group strikes deal to sell 100 per cent stake in NBK to Nigeria's Access
Mar 20, 2024 at 06:43 PM
KCB Group has struck a lucrative and binding agreement that will see the Kenyan bank sell its 100 per cent stake in the National Bank of Kenya (NBK) to Access Bank of Nigeria....
NBK posts Sh2.97 billion post tax loss in Q3 2023 due to Basil Criticos case payout
Nov 24, 2023 at 10:15 AM
National Bank of Kenya (NBK) has posted a colossal Sh2.97 billion in loss after tax for the period ending September 30, 2023, which represents a 436 per cent decline over the same ...
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...
KCB, NBK join forces with Britam to offer affordable health insurance for SMEs
Jun 06, 2023 at 02:11 PM
In an effort to provide accessible and affordable health insurance solutions to Small and Medium Enterprises (SMEs) across Kenya, KCB and the National Bank of Kenya (NBK) have join...
KCB and NBK sign insurance distribution partnership with Sanlam Life Insurance
Apr 18, 2023 at 11:18 AM
Kenya Commercial Bank (KCB) and National Bank of Kenya (NBK) have signed a distribution deal with Sanlam Life Insurance in a bid to enhance the uptake of life insurance in Kenya....
NBK records Sh828 million in post-tax profit as it grew its operating income
Mar 16, 2023 at 02:45 PM
In the period under review, NBK increased its net interest income by 10 per cent to Sh9.1 billion and this was majorly attributed to higher lending by the financial institution....
NBK unveils product to accelerate access to financing by women entrepreneurs
Mar 09, 2023 at 02:12 PM
Nia aims to provide women-owned and women-led enterprises with access to financing, capacity building, and mentorship to sustainably grow their businesses and create new jobs....
NBK appoints George Odhiambo as new Managing Director to replace Peter Kioko
Feb 14, 2023 at 11:22 AM
The new NBK MD holds an MSc in Pure Mathematics and BSc in Mathematical Statistics from the University of Nairobi....
NBK unveils ambitious Sh2 billion financing deal with private schools
Nov 23, 2022 at 09:08 PM
National Bank of Kenya (NBK) has unveiled Elimu Konnect, an education enabling program, pledging Sh2 billion to support education infrastructure in primary and secondary schools....
NBK, Growth Match Africa, UK Kenya Tech Hub unveil program for startups
Nov 16, 2022 at 04:05 PM
The initiative involves matching advisors whose profiles are created by Growth Match and shared with the startups to select their preferred long-term partner based on their need....
NBK posts Sh36 million decline in half-year profit after tax amid income growth
Aug 24, 2022 at 09:18 PM
Net loans and advances rose by 14 per cent to Sh69 billion as customer deposits grew by 13 per cent....
Kodris Africa, NBK partner to enhance payment for new coding programme
Jun 27, 2022 at 07:46 PM
National Bank of Kenya (NBK) and Kodris Africa have partnered to roll out a payment platform for the recently launched programme for teaching coding in Kenyan primary and secondary...
Peter Kioko appointed NBK acting MD
Jun 13, 2022 at 04:39 PM
The Board of National Bank of Kenya (NBK) has announced the appointment of Peter Kioko as the acting Managing Director with effect from June 10, 2022....
NBK posts Shs1.1 billion 9-month profit after tax in major comeback
Nov 18, 2021 at 12:51 PM
Customer deposits grew to Sh115bn, as net loans and advances rose by 22 per cent to Sh65 billion....
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