KCB reports Ksh.49.3 billion gross profit for first half of 2026 By Moses Kinyanjui August 13, 2026 10:57 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter KCB Group Chief Executive Officer Paul Russo Audio By Vocalize The K …
… Despite a tough operating environment, we remain committed to supporting businesses and households, accelerating digital transformation and creating long‑term sustainable value for our shareholders and the communities which we serve," KCB Group Chief Executive Officer Paul Russo …
… He said the prosecution had only received orders relating to Paul Russo and KCB Bank, and had requested defence lawyers to serve the remaining orders to enable verification of their authenticity and scope. …
… three bank CEOs to be mentioned on Wednesday By Dzuya Walter August 11, 2026 11:00 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter A photo collage of Co-op Bank CEO Gideon Muriuki, NCBA's John Gachora and KCB's Paul Russo …
… As digital lending continues to grow, Kenya Bankers Association (KBA) Chairman Paul Russo called on banks to adopt technology-driven approaches that provide a more comprehensive assessment of borrowers beyond conventional security requirements. …
… The anniversary event was attended by Nairobi Governor Johnson Sakaja, KCB Group Chief Executive Officer Paul Russo and Vivo Energy Kenya Managing Director Peter Murungi among other business leaders. …
… Benedict Oramah, Kenya Commercial Bank Group Chief Executive Officer Paul Russo, senior banking executive Richard James, Kenya Pipeline Company Board Chairperson Faith Boinett, Attorney General Dorcas Oduor, Central Bank of Kenya Governor Kamau Thugge and the chairperson of the s …
… KCB Group Chief Executive Paul Russo said the bank is intentionally aligning its financing decisions and business strategy to support climate resilience and sustainable enterprise growth as a catalyst for long-term economic prosperity, environmental stewardship, and inclusive dev …
… KCB Group CEO Paul Russo said the business continues to benefit from strong momentum across key business segments, improved operational efficiency, and a deliberate focus on supporting businesses, small and medium enterprises, and households across the markets where it operates. …
… ittance receipts, the bank said. “Despite the challenging operating environment, we delivered solid growth driven by disciplined execution, continued investment in digital innovation, and our unwavering commitment to providing financing,” said KCB Group chief executive Paul Russo …
KCB Group PLC reported a Ksh.49.3 billion gross profit for the first half of 2026, a 20.8% rise, driven by strong income growth and disciplined cost management. Total assets grew 16.8% to Ksh.2.3 trillion, while the board declared interim dividends of Ksh.3.00 per share, a 50% increase from the prior year.
KCB Group PLC reported a Ksh.49.3 billion gross profit for the first half of 2026, a 20.8% rise, driven by strong income growth and disciplined cost management. Total assets grew 16.8% to Ksh.2.3 trillion, while the board declared interim dividends of Ksh.3.00 per share, a 50% increase from the prior year.
KCB Group declared an interim dividend of Sh3 per share, totaling Sh9.64 billion, after half-year net profit rose to Sh36.1 billion from Sh31.5 billion in the same period last year, driven by an expanded loan book and contributions from regional subsidiaries.
A criminal case involving several accused persons, including senior bank executives, stalled after the High Court issued orders staying trial proceedings and restraining the arrest of multiple accused. The court was told that High Court orders had been served on accused persons two through seven, preventing the trial court from taking their plea pending the hearing of applications before the High Court.
A Nairobi court has directed that the case against three banks (Co-op Bank, KCB, and NCBA) and their CEOs be mentioned on Wednesday to confirm service and verify the authenticity of High Court orders staying the proceedings. The defence obtained conservatory orders barring the trial court from proceeding, but the prosecution said it had only received orders relating to KCB Bank and its CEO.
At the 23rd East African Banking School Conference in Diani, banking regulators and executives discussed how artificial intelligence and alternative data can expand credit access for young people and small businesses, while the Central Bank of Kenya Governor cautioned that AI models must remain transparent, explainable, and subject to human oversight.
Trade and Investment Cabinet Secretary Lee Kinyanjui has urged private companies to list on the Nairobi Securities Exchange, saying it would unlock access to long-term capital and support business expansion, while offering benefits including increased liquidity, tax incentives, and improved corporate governance.
Treasury Cabinet Secretary John Mbadi has defended appointments to the National Infrastructure Fund (NIF) board, saying the selection process was transparent, competitive and merit-based, overseen by a seven-member independent panel comprising senior professionals from banking, legal and public sectors.
KCB Group disbursed Sh48.8 billion in green financing loans for renewable energy, agriculture, green buildings, and climate-smart investments across Kenya, Uganda, Tanzania, and Rwanda. The bank screened Sh587.9 billion in transactions under its Environmental and Social Due Diligence framework, reaching 25.84 per cent of total lending to green projects in 2025, surpassing its 25 per cent target.
KCB Group shareholders approved a Sh22.5 billion dividend payout for the 2025 financial year, consisting of interim and special dividends of Sh4 per share approved in November 2025 and final and special dividends of Sh3 per share, totalling Sh7 per share for the full year and representing a 133 per cent jump in per-share returns.
Kenya's largest bank by asset size posted a 10.73 per cent rise in first-quarter net profit to Sh17.8 billion, with growth driven by increased interest-earning assets, lower interest expense, and high non-funded income despite challenging regional conditions including interest rate cuts and softer credit demand.
Private sector leaders from Kenya and Tanzania have jointly called on both governments to accelerate regional economic integration and remove trade barriers, emphasizing the need for a seamless East African market with harmonized regulations and improved cross-border efficiency.