KCB Group Plc has posted a Ksh 24.4 billion profit before tax for the first quarter ending March 31, 2026, marking a 15.3 percent increase compared to Ksh 21.2 billion reported during the same period last year. The lender attributed the growth to diversified revenue streams, strong subsidiary performance, improved customer activity, and disciplined balance
KCB Bank Tanzania Limited has announced the successful full repayment of its historic KCB Fursa Sukuk, the first publicly listed Shariah-compliant bond in the history of the African continent’s financial sector. The announcement by the bank, which was approved by the Capital Markets and Securities Authority, disclosed the successful repayment of the Sukuk in full
The Competition Authority of Kenya (CAK) has allowed the proposed acquisition of control of Riverbank Solutions Limited by KCB Group Plc, but this is dependent on stringent terms regarding access to customer data and the satisfaction of contractual obligations. The approval follows a full merger analysis conducted under the Competition Act, CAP 504 of the
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