SBM Bank Kenya Ends Two-Year Loss Streak With KSh 444Mn Profit
SBM Bank Kenya swung to a 444.22Mn after-tax profit for the full year ended 31 December 2025, reversing a 1.21Bn loss in 2024. The turnaround was driven by a 19.6% fall in interest expense to 6.86Bn, which pushed net interest income up 80.7% to 3.88Bn. Customer deposits rose 20.1% to 82.41Bn as the bank reduced reliance on costly interbank funding. Gross non-performing loans fell 34.1% to 11.29Bn. Total assets grew 5.5% to 105.72Bn.
Centum Investments Exits Sidian Bank After 22 Years
Centum Investment Company has completed the sale of its remaining 50% stake in Bakki Holdco Limited, ending its 22-year investment in Sidian Bank. The exit follows six transactions between October 2023 and March 2026, recovering an estimated 5.2 billion shillings against a total entry cost of 4.7 billion shillings. The divestiture included a failed 4.3 billion shilling deal with Nigeria's Access Bank in 2022, before Centum shifted to piecemeal sales. The final exit comes as Sidian, reclassified as a medium-tier lender by the CBK in September 2025, posted a nine-month profit of 1.4 billion shillings.KCB Posts Record KSh 68.35Bn 2025 Profit as Dividend Hits KSh 7 Per Share
KCB Group posted record profit after tax of 68.35 Bn in FY2025, up 10.6% from 61.77 Bn, driven by an 18.9% collapse in interest expense that lifted net interest income 7.8% to 148.02 Bn. The bank declared a full-year dividend of KSh 7.00 per share, up 133.3% and the largest total payout of 22.50 Bn in its history. Net loans crossed 1 trillion for the first time. The gross NPL ratio improved to 16.9% from 19.2%. KCB guides for loan growth of 10% to 11% and NIMs of 7.2% to 7.8% in FY2026.Equity’s Mwangi Says Banks Must Adapt as Fintech Redefines Finance
Banks need to reinvent themselves around digital infrastructure, data and partnerships or risk losing relevance as financial services evolve beyond traditional banking models,
Stanbic Weathers Interest Rate Storm With Flat Profit, Record Dividend
Stanbic Holdings Plc reported profit after tax of KShs 13.72 Bn for the full year ended 31 December 2025, virtually unchanged from 2024, as nine CBK rate cuts totalling 400 basis points since August 2024 compressed total operating income 3.1% to KShs 38.51 Bn. A 47.5% drop in credit impairment charges to KShs 1.63 Bn cushioned the bottom line. The balance sheet expanded 19% to KShs 541.25 Bn, with loans up 24.4% and deposits up 23.5%. The group declared a record dividend of KShs 22.35 per share for FY2025.International Islamic Trade Finance Corporation Signs US$ 1bn Pact with Mauritania
Mwalimu Sacco Profit Jumps 76.3% as Asset Base Hits KSh 76.3Bn
Mwalimu National DT Sacco, Kenya's largest Sacco by assets, reported a 76.3% jump in surplus to 1.27Bn for the year ended 31 December 2025, its strongest result since 2020. Net interest income grew 11.0% to 3.53Bn while loans and advances expanded 19.3% to 56.3Bn. Administrative expenses rose 17.7% to 3.00Bn and impairment charges climbed 5.4% to 960.3M. The Sacco held its dividend at 13% and raised interest on deposits by 5 basis points to 10.05%. Total assets closed at 76.3Bn, up 10.8% year-on-year.Kenya’s Financial System Liquidity Surpasses KSh6 Trillion for the First Time
Kenya’s financial system liquidity surpassed KSh6 trillion for the first time after broad money (M3) reached KSh6.03 trillion in December 2025, according to Central Bank data. The milestone caps five years of rapid expansion from about KSh4 trillion in 2020, driven by growth in bank deposits, domestic credit and foreign currency balances. Transaction deposits, savings and external assets have all expanded as Kenya’s banking system deepened.Standard Chartered Kenya to Auction Nakumatt-Linked Properties
Standard Chartered Bank Kenya has issued a statutory notice to Nakumatt Investments over unpaid loan facilities totaling millions of dollars and nearly KShs 1 billion. The bank warned that properties in Nairobi, Nakuru, and Mombasa pledged as collateral could be auctioned if the borrower fails to clear the debt within 90 days.GCR Ratings Revises Afreximbank’s Outlook to 'Stable'
At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion.I&M Bank, B Lab Africa Partner to Support Small Businesses
I&M Bank has partnered with B Lab Africa to strengthen the capacity of small to medium sized businesses within the listed lender's ecosystem.Absa Bank Kenya's Increases Dividend by 17% as Profit Rises
Absa Bank Kenya PLC has reported a 10% rise in FY2025 net profit to KShs 22.9 billion, supported by a 32% decline in impairment charges and a 12% increase in non-interest income. Despite lower net interest income, the bank improved efficiency, grew total assets by 6%, and raised its total dividend by 17% to KShs 2.05 per share.
