August 2024:
The National Bank of Kenya (NBK) has recorded a profit after tax of KES 839 million in the first Half-Year 2024. The pre-tax profit was KES 1.1 billion showcasing a remarkable recovery from a pre-tax loss of KES 3.8 billion recorded in the same period last year.
This initiative seeks to support local entrepreneurs to grow their businesses in a sustainable way.
National Bank of Kenya (NBK) has posted KShs. 117 million in Profit after Tax for the first quarter of 2023 ending March. The Bank recorded a strong growth in non-funded income which registered a 60% growth to KShs. 884 million compared to KShs. 551 million over the same period in 2022.
KCB and National Bank of Kenya have signed a distribution deal with Sanlam Life Insurance to deepen the uptake of life insurance products in the country.
The program will see farmers benefit from the KShs 5B Shillings NBK Majikonnect Program supporting Water, Sanitation and Hygiene