NCBA Posts 12.2pc Rise in First-Half Profit, Raises Interim Dividend
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9 Articles
NCBA posts 12.2pc rise in first-half profit, raises interim dividend
Customer deposits grew by 11 percent to KSh551 billion, with total assets rising by 11.5 percent to KSh739 billion.
Muhoho Kenyatta pockets $6.6 million as NCBA lifts dividend
Muhoho Kenyatta is set to collect one more check from a bank his family is in the middle of selling.NCBA Group declared an interim dividend of Sh3.75 a share on Wednesday, up from Sh2.50 a year earlier, a 50 percent increase that sends Sh6.18 billion ($47.5 million) out to shareholders. Kenyatta held 227.3 million shares as of a May circular to shareholders, the largest disclosed individual position on the Nairobi Securities Exchange at the time…
NCBA Group profit rises 12.2pc to Sh12.4bn on lending, digital growth
NCBA Group Plc has posted a 12.2 per cent increase in profit after tax to Sh12.4 billion for the six months ended June 2026. The growth was driven by strong lending expansion, rising digital transactions and higher customer deposits despite a challenging macroeconomic environment. The lender’s half-year financial results released on Wednesday show operating income
NCBA Group Posts KES 12.4 B (UGX 356 B) Half-Year Profit as Digital Banking and Regional Growth Drive Performance
NCBA Group PLC has reported a strong financial performance for the first half of 2026, posting a 12.2% increase in profit after tax to KES 12.4 billion (UGX356,879,857,756), underpinned by robust digital banking growth, disciplined lending, and resilient regional operations despite a challenging macroeconomic environment. The Group’s financial results reflect continued momentum across its diversified business, with operating income rising 15.1% …
NCBA profit climbs to KES 12.4bn as digital lending machine draws fresh scrutiny
NCBA’s half-year profit has climbed to KES 12.4bn (USh360bn) — but the engine behind it is the same mobile-loan business critics have long called predatory. Kenya’s NCBA Group has reported a 12.2% rise in half-year profit, powered by a fast-expanding digital lending business that has long attracted criticism as predatory even as it drives the lender’s earnings. The bank made a profit after tax of 12.4bn Kenyan shillings ($95.9m; USh360bn) in the…
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