HF Group Delivers Record Q1 Profit
HF Group has delivered a standout performance in the first quarter of 2025, reporting a profit after tax of KSh 327.9 million—its highest Q1 result on record. Additionally, non-interest income [...]
Absa Bank Posts KSh 6.2Bn Q1 Profit, Revenue Dips 4%
Absa Bank Kenya PLC has reported a KSh 6.2 billion net profit for the first quarter of 2025, marking a 4% year-on-year increase, even as total revenue slipped 4% to [...]
Banks' Profits Rebound, Non-Performing Loans Hit 20-Year High
Kenya’s banking sector entered 2025 on a cautiously optimistic note, according to the Central Bank of Kenya’s Q1 2025 Credit Officer Survey. This performance ties with Q1 2024's peak, and [...]KCB Holds KSh 16.5Bn Profit in Q1, NPLs Edge Higher
KCB Group delivered a flat net profit of KSh 16.5 billion in Q1 2025, maintaining momentum from last year despite mounting pressure on asset quality. Metric Q1 2025 Q1 2024 [...]NCBA Q1 2025: Profits Up, Deposits Dip While Margins Improve
NCBA Group has reported a net profit of KSh 5.5 billion in Q1 2025, up 3% year-on-year, driven by an 8% increase in operating income and improved net interest margin [...]BK Group Delivers KSh 2.7bn Profit in Q1 2025
BK Group Plc has posted a Q1 2025 net profit of RWF 25.2 billion (KSh 2.7 billion), marking a 5.4% rise year-on-year. The cost-to-income ratio improved to 33.9%, down from [...]Ethiopia Eases Forex Rules to Boost Market Access, Flexibility
Addis Ababa, May 20, 2025 – The National Bank of Ethiopia (NBE) has introduced new foreign exchange reforms to improve access and transparency for importers, travelers, and the banking public. [...]StanChart Kenya Q1 Profit Drops 13.5% on Weaker FX and Revenue Pressures
Listed lender Standard Chartered Bank Kenya has posted a 13.5% decline in net profit to KSh 4.86 billion in Q1 2025, marking its first earnings contraction in recent years. Net [...]Family Bank Eyes 2026 Listing as Quarterly Profits Cross KSh 1Bn Mark
Family Bank Group has reported a 15.4% year-on-year increase in net profit for the first quarter ended 31 March 2025, rising to KSh 1.05 billion—marking the first time the lender [...]Sidian Bank's Q1 Profits Jump by 250%
Sidian Bank has posted a net profit of KSh 556.9 million, up 250% year-on-year from KSh 159.1 million in Q1 2024, on the back of revenue growth. The remarkable growth [...]Beyond Banking: How SBM Bancassurance Intermediary Ensures Financial Security with Seamless, Tailored Insurance Solutions
Imagine waking up to a reality that feels like a bad dream. Your car, that you parked safely outside your house the previous night has been stolen. Panic sets in [...]
Kenya's Microfinance Banks Cut Back on Innovation
Microfinance banks (MFBs) are leading in the overall reduction of dedicated innovation teams among banking institutions, a new survey by the Central Bank of Kenya (CBK) shows. MFBs have cut [...]
