DTB’s Q1 pre-tax profit up 8% to Sh2.9b
Diamond Trust Bank’s (DTB) Group pre-tax profit grew 8% to Ksh 2.9 billion in the first quarter of 2019 according to just released results. The Group defied a tough operating environment to build customer deposits to Ksh 275 billion, while the asset base grew to...
NBK’s 2018 pre-tax profit drops by 42% to Sh456m
National Bank of Kenya (NBK) has announced a pre-tax profit of Ksh 456 million before exceptional item for the period ending 31 December 2018, against a backdrop of difficult operating environment within the year as well as reduced lending due to capital constraints. This represents...
StanChart gross profit drops 24.2% to Sh10.1b
CEO Lamin Manjang says the dip is attributable to an increase in the non-performing loans portfolio and the financial impact from the interest rate capping law.
KCB Group posts Sh22.4b pre-tax profit
Kenya's largest lender, by assets, registers a 3.1 per cent growth in third quarter driven by non-interest income which was up 18.4% to Ksh 17.5 billion mainly as a result of growth in fees and commissions