• Thu. Mar 28th, 2024

Month: March 2023

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KCB Group Posts KShs. 40.8 Billion in FY 2022 Net Profit

196 300KCB Group PLC recorded KShs.40.8 billion in profit after tax for the full year ending December 2022 on higher funded and non-funded income streams. This was a 19.5% rise in profitability from KShs.34.2 billion reported in 2021, KCB said on Wednesday during the release of the financials. The profit before tax contribution of other subsidiaries excluding KCB Bank Kenya increased to 17.0% (up from 13.9% in 2021), riding on organic growth and increased scale in the businesses. Key Figures & Indicators Parameter…