Topic: Paul Russo
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...
KCB Group net profit grows 64.9 per cent to Sh61.8 billion in 2024, declares dividend
Mar 12, 2025 at 09:41 PM
KCB Group recorded a 64.9 per cent increase in profit after tax for the full year 2024, reaching Sh61.8 billion, up from Sh37.5 billion in the previous year....
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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, BII sign Sh12.9 billion deal to fund climate projects and women-led SMEs
Feb 24, 2025 at 02:35 PM
British International Investment (BII) has approved a USD100 million (Sh12.9 billion) Tier 2 capital facility to KCB Bank Kenya for lending to climate-linked projects and women-led...
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KCB pumps Sh209 million into 2025 WRC Safari Rally, sponsors four Kenyan drivers
Jan 30, 2025 at 02:07 PM
KCB has renewed its sponsorship of the World Rally Championship (WRC) Safari Rally for the fifth consecutive year committing Sh209 million towards organizing the 2025 event....
KCB Group post-tax profits soars by 49 per cent to Sh45.8 billion in Q3 2024
Nov 21, 2024 at 12:58 AM
KCB Group Plc has reported an impressive 49 per cent increase in its profit after tax, reaching Sh45.8 billion for the first nine months of 2024, up from Sh30.7 billion in the same...
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KCB resumes dividend payouts as it posts 86 per cent profit surge to Sh29.9 billion in H1 2024
Aug 21, 2024 at 08:35 PM
KCB Group Plc has reported an 86 per cent increase in profit after tax for the first half of 2024, reaching Sh29.9 billion, up from Sh16.1 billion the previous year....
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...
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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 and MasterCard partner to drive financial inclusion in East Africa
Feb 26, 2024 at 03:23 PM
KCB Bank Kenya and Mastercard have joined forces in a groundbreaking 5-year collaboration aimed at transforming the East African financial landscape....
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 East Africa Golf Tour's 8th leg set to tee off at picturesque Nyeri Golf Club
Jul 20, 2023 at 07:33 PM
The highly anticipated 8th leg of the KCB East Africa Golf Tour is set to take place at the picturesque Nyeri Golf Club this coming weekend, bringing together over 100 golfers from...
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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's Quarter 1 profits after tax drop to Sh9.8 billion amid bad debt spike
May 24, 2023 at 05:13 PM
KCB Group on Wednesday announced that its net profit for the first quarter of 2023 dropped to Sh9.8 billion from Sh9.9 billion posted during a similar period last year....
Ababu Namwamba unveils KCB's Sh150 million sponsorship for WRC Safari Rally
May 19, 2023 at 11:26 AM
Sports Cabinet Secretary Ababu Namwamba, accompanied by Sports Principal Secretary Peter Tum unveiled Kenya Commercial Bank (KCB) Group's sponsorship for the highly anticipated Wor...
Humphrey Kariuki among 12 appointed by Ruto to National Investment Council
Dec 02, 2022 at 03:47 PM
Billionaire businessman Humphrey Kariuki is among 12 people who have been appointed by President William Ruto to the National Investment Council for a period of three years....
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....
KCB sets aside Sh250 billion to fund women entrepreneurs across Kenya
Oct 29, 2022 at 01:50 PM
KCB Bank Kenya has committed Sh250 billion to fund women entrepreneurs in Kenya in the next five years, in what the bank says will cement its role in fast tracking economic growth....
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