NCBA Group

Kenyan banking group acquired by South Africa's Nedbank for Sh109.6 billion, maintaining Nairobi base and local brand with 34% public shares.

2026-05-142026-10-21

News reports

Order a long-term news report on NCBA Group

Every mention in the Kenyan press over the period you choose, compiled as a PDF or Word document.

In coverage

Verbatim sentences from the source article.

October 2026
20 OctThe Standard
Audio By Vocalize South Africa's Nedbank Group has completed its Sh109.6 billion takeover of Kenya's NCBA Group, marking the end of an era for one of East Africa's most prominent banking institutions and triggering a multibillion-shilling payout to the Kenyatta and Ndegwa familie …
Kenyatta, Ndegwa dynasties cash out as Nedbank completes Sh109.6 billion NCBA takeover
3 OctThe Standard
Audio By Vocalize NCBA Group is expanding its asset financing solutions to cover emerging sectors such as electric vehicles and solar energy as businesses and individuals increasingly turn to financing to acquire equipment, machinery and other productive assets. …
NCBA bank launches 2026 Johari awards in Western Kenya as asset finance demand grows
September 2026
8 SeptThe Standard
… The headline in one of the dailies as they clapped was: "Central Bank approves Nedbank buyout of NCBA Group.” Remember 15 per cent of Safaricom has already been snapped up? …
Foreign hawkers backlash: Have we accepted our place?
August 2026
6 AugThe Standard
Audio By Vocalize NCBA Group has announced a Sh6.18 billion interim dividend payout even as South Africa's Nedbank Group awaits regulatory clearance to complete its proposed majority takeover. …
NCBA to give Sh6b dividend as profit up 12pc
July 2026
31 JulCapital News
NAIROBI, Kenya, Jul 30 – NCBA Group has sponsored 10 Kenyan creators to undertake a new entrepreneurship programme designed to equip creatives with the business skills needed to build sustainable enterprises, as stakeholders seek to unlock the vast economic potential of Africa’s …
NCBA Sponsors 10 Kenyan Creators as Creative Economy 101 Programme Launches
23 JulCitizen Digital
… We are grateful to NCBA for their unwavering support in growing amateur golf and providing players with meaningful opportunities to develop their careers." NCBA Group Managing Director John Gachora said: "At NCBA, we remain committed to supporting golf development by investing in …
MKO slot up for grabs as Kenya Amateur Strokeplay Championship tees off
21 JulThe Standard
South Africa’s Nedbank Group Ltd has secured a controlling 66 per cent stake in homegrown tier-one lender NCBA Group. …
NCBA sale complete as Kenyatta, Ndegwa families cash in on Sh109b in Nedbank deal
13 JulThe Standard
… Aggie Konde, playing off handicap 18, claimed the Ladies title with 37 points and handicap 27 Bernadette Irungu returned 35 points to finish as the runner-up.The Sponsor’s prize on 37 points went to NCBA Group Managing Director and Chief Executive Officer John Gachora, while the …
Teenager Joseph stuns seniors with sterling performance at Nyali
May 2026
21 MayThe Standard
NCBA Group reported a nine per cent increase in first-quarter net profit on Wednesday, driven by strong growth in digital lending, higher customer deposits, and improved revenue diversification across its regional operations. …
NCBA: Nedbank sale deal on track as profit up 9pc
14 MayThe Standard
… Attention now turns to how other tier-one lenders including KCB Group, Equity Group Holdings, NCBA Group, Absa Bank Kenya among others will perform when they release first-quarter results over the coming days. …
Co-op Bank posts Sh8.41 billion profit amid tough economy

Business

Nedbank completes Sh109.6 billion NCBA Group takeover

The News

South Africa's Nedbank Group has completed its acquisition of a 66 per cent controlling stake in Kenya's NCBA Group, with settlement scheduled for October 21 and actual payment to shareholders including the Kenyatta and Ndegwa families beginning November 3. NCBA will remain a Nairobi-based subsidiary with its own brand and local leadership, with 34 per cent of shares continuing to trade on the Nairobi bourse.

20 October 2026 · The Standard →

Yesterday

Nedbank completes Sh109.6 billion NCBA Group takeover
South Africa's Nedbank Group has completed its acquisition of a 66 per cent controlling stake in Kenya's NCBA Group, with settlement scheduled for October 21 and actual payment to shareholders including the Kenyatta and Ndegwa families beginning November 3. NCBA will remain a Nairobi-based subsidiary with its own brand and local leadership, with 34 per cent of shares continuing to trade on the Nairobi bourse.
20 October 2026 · The Standard →

Saturday 3 October

NCBA bank launches Johari awards, expands asset finance
NCBA Group is expanding its asset financing solutions to include electric vehicles and solar energy, maintaining a 30 per cent share of Kenya's asset finance market in the first half of 2026. The bank launched the 2026 Johari Awards in Western Kenya, marking 20 years of supporting customers in agriculture, trade, transport, manufacturing and services.
3 October 2026 · The Standard →

Tuesday 8 September

Kenya traders celebrate foreign hawker ban amid policy inconsistency
Kenya's medium and small-scale traders welcomed a decision to bar foreign hawkers from operating in the country following a State House visit, yet the article notes this occurs alongside foreign acquisition of major Kenyan firms including a 15 per cent stake in Safaricom and Kenya Airways' search for a strategic foreign investor.
8 September 2026 · The Standard →

Thursday 6 August

NCBA announces Sh6.18 billion dividend as profit rises 12%
NCBA Group announced a Sh6.18 billion interim dividend payout with an interim dividend of Sh3.75 per share, up from Sh2.50 in the prior year, after reporting a 12.2 per cent jump in half-year profit after tax to Sh12.4 billion. The announcement comes as South Africa's Nedbank Group awaits regulatory clearance to complete its proposed majority takeover.
6 August 2026 · The Standard →

Friday 31 July

NCBA sponsors 10 creators in new business skills programme
NCBA Group has sponsored 10 Kenyan creators to undertake Creative Economy 101, a new entrepreneurship programme designed to equip creatives with business skills in management, financial planning, and intellectual property protection through the Creative Economy Africa Institute.
31 July 2026 · Capital News →

Thursday 23 July

Kenya Amateur Strokeplay Championship offers MKO qualification slot
The 49th Kenya Amateur Strokeplay Championship tees off at Royal Nairobi Golf Club with the winner earning direct qualification to the 2027 Magical Kenya Open on the DP World Tour. The tournament has attracted an elite international field from Kenya, Zambia, India, Namibia, Rwanda, Tanzania, Uganda, Burundi, Lebanon, Ethiopia, Ghana and China, with defending champion Jay Sandhu leading the field.
23 July 2026 · Citizen Digital →

Tuesday 21 July

Nedbank completes acquisition of 66% stake in NCBA Group
South Africa's Nedbank Group Ltd has secured a controlling 66 per cent stake in NCBA Group in a transaction valued at approximately Sh109.6 billion, with the families of Kenya's founding president Jomo Kenyatta and former Central Bank governor Philip Ndegwa emerging as major beneficiaries.
21 July 2026 · The Standard →

Monday 13 July

15-year-old golfer wins Nyali members tournament with 40 points
Junior golfer Aryan Joseph, aged 15, won the Members Invitational tournament at Nyali Golf and Country Club in Mombasa with 40 Stableford points, finishing ahead of senior and veteran players in a 155-player field.
13 July 2026 · The Standard →

Thursday 21 May

NCBA reports 9% first-quarter profit growth amid digital lending expansion
NCBA Group's profit after tax rose to Sh6 billion in the three months to March 31, up from Sh5.5 billion a year earlier, driven by strong growth in digital lending, higher customer deposits, and improved revenue diversification across regional operations. The Nedbank sale deal remains on track.
21 May 2026 · The Standard →

Thursday 14 May

Co-op Bank posts Sh8.41 billion first-quarter profit
Co-operative Bank of Kenya reported a 21.3 per cent rise in net profit to Sh8.41 billion for the first quarter ending March 31, driven by a 13.6 per cent jump in operating income and contributions from non-banking subsidiaries. The bank was also named one of Africa's Fastest Growing Companies in 2026 by Financial Times.
14 May 2026 · The Standard →