NCBA Group PLC’s profit after tax rose to Ksh 6 billion for Q1 2026 from Ksh 5.5 billion reported during the same period the previous year, representing 9% increase. According to the financial results released by the bank, operating income rose to Ksh 20 billion, representing a 15% year-on-year growth, while profit before tax climbed
NCBA Group, currently in the process of being acquired by South Africa’s Nedbank, has explained why it chose the lender despite receiving multiple acquisition offers. Speaking to the media on Thursday, January 22, 2026, NCBA Group CEO John Gachora said the board prioritised a deal that would minimise disruption to the business, protect the company’s
A South African Bank, Nedbank Group Limited has issued a proposal to acquire a majority stake in NCBA Group PLC, a leading financial services provider in East Africa. In a statement dated January 21, 2026, NCBA said it had received a strategic investment proposal and a Notice of Intention from Nedbank to acquire approximately 66
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