KCB Group reported on Wednesday that its full-year 2025 pre-tax profit rose by 11%, supported by stronger interest income, according to Reuters.
The bank, which operates in several African markets including Democratic Republic of the Congo, Tanzania, Rwanda, South Sudan, Uganda and Burundi, said pre-tax profit reached 90.9 billion Kenyan shillings ($703.83 million), compared with 82 billion shillings the previous year.
Subsidiaries outside Kenya contributed 31% of the group’s pre-tax earnings.
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Net interest income increased by 8% to 148.0 billion shillings, up from 137.3 billion shillings in 2024, the company said.
Loan impairments rose slightly to 32.4 billion shillings from 30 billion shillings a year earlier, Lawrence Kimathi told an investor briefing.
Total assets expanded by 9% to 2.15 trillion shillings, Kimathi added.
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Image Credit: KASS TV LIVE
