National Bank of Kenya - NBK Kenya profit 2024

NBK Shakes Kenya’s Banking Industry With 142% Growth in Profit

The National Bank of Kenya (NBK) has recorded an outstanding growth in financial performance, posting a Ksh1.2 billion profit after tax for the...

BT Correspondent

NEWS

Businessman Seeks to Oust Assets Recovery Agency Boss

A Nairobi-based businessman has taken the battle between him and the Assets Recovery Agency (ARA) to the Anti-Corruption Court, claiming that ARA CEO,...

BT Correspondent

BUSINESS ECONOMY

NBK Signs Partnership To Cover Loan Defaults By SMEs

National Bank of Kenya (NBK) has partnered with African Guarantee Fund (AGF) to offer a partial guarantee in respect of defaults arising from...

KALU MENGO

Paul Russo New KCB Group MD and CEO taking over from Joshua Oigara

LEADERSHIP

KCB Appoints New CEO After Joshua Oigara’s Sudden Exit

Paul Russo has been the Managing Director National Bank of Kenya (NBK) and the KCB Group Regional Business Director.

KALU MENGO

NBK's total assets grew by 16 percent to Ksh146 billion in 2021. [Photo/ Victor Matara]

FEATURED STORY

KCB Converts Ksh3.45B NBK Debt to Equity

The move enabled NBK to meet core capital ratios after being in default in recent years. It increases the total cash injection by...

MARTIN SIELE

STOCKS

NBK De-Lists From Stock Market After KCB Takeover

A statement from the NSE said the formerly state-owned bank, which now operates as a subsidiary of KCB, will leave the NSE on...

BT Reporter

BUSINESS

NBK Q1 2021 Profit After Tax Grows 19%, Driven By Loans

NBK Managing Director Paul Russo said the quarter was marked by pockets of slow recovery from effects of the COVID-19 pandemic due to...

BT Correspondent

BUSINESS

NBK Delivers 167% Growth in Net Profit For 2020

The bank’s corporate and retail franchises remained resilient in the subdued economy with reduced activity across sectors. During the period, NBK rolled out...

BT Reporter