NBK Gun Drama: How Bank MD Was Threatened in His Office

In one instance, Russo disclosed, a defaulting customer placed guns on the table in his office.

NBK Q3 Profit Shrinks as Economy Slows Down

The corporate and retail franchises remained resilient, amid a subdued economy and reduced activity across sectors.

he bank’s performance, despite the COVID-19 pandemic, was driven by growth in loans and enhanced returns from government securities.

The stock of non-performing loans stood at Ksh25 billion, down from Ksh31 billion in 2018, as a result of an aggressive recovery strategy.

New NBK MD takes over from Wilfred Musau, who has been assigned a new role at KCB Group to support the integration.

KCB had said that it would eliminate excess staff and branches to accelerate returns