Tag Archives: Kenya banking sector

Sidian Bank Half-Year Profit Climbs 28.9pc to Sh1.21 Billion

Sidian Bank’s net profit increased by 28.9 percent to Sh1.21 billion in the six months ending June 30, 2026, driven by stronger returns from lending, mortgages and investments in government securities. The lender’s net interest income more than doubled, rising 123.1 percent to Sh3.64 billion during the period, compared with …

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Co-op Bank profit after tax rises 28pc to Sh18bn in H1 2026

Co-operative Bank recorded a 28 percent increase in profit after tax to Sh18 billion in the first half of 2026, compared with Sh14.1 billion posted during a similar period last year. The lender attributed the strong performance partly to a 13 percent rise in net interest income, which reached Sh33 …

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Family Bank Debuts on NSE with Sh29.9 Billion Valuation

Family Bank has officially joined the Nairobi Securities Exchange (NSE), listing 1.66 billion ordinary shares at an introductory price of Sh18 each, giving the lender an estimated market value of Sh29.9 billion. The move represents the biggest private-sector listing on the NSE in more than 17 years and allows the …

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Kenyans to Enjoy Easier Cash Access After Airtel–KCB Deal

Airtel Kenya has announced a new partnership with KCB Group aimed at improving access to mobile money services across the country by expanding cash withdrawal and deposit points for Airtel Money customers. The collaboration will see Airtel Money users gain access to more than 30,000 KCB agents nationwide, allowing them …

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