Tag Archives: Kenyan banks

KCB Raises Interim Dividend by 50% to Sh3 as Profits Rise

KCB Group has increased its interim dividend by 50 percent to Sh3 per share for the six months ended June 2026, following a strong improvement in its financial performance. The lender will distribute a total of Sh9.64 billion to shareholders, compared with the Sh2 per share paid during the corresponding …

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Nedbank Makes Offer to Acquire 66% of NCBA Group

South African lender Nedbank Group has submitted a tender offer to purchase approximately 66 percent of NCBA Group’s ordinary shares, which would give Nedbank a controlling interest in the Kenyan financial services company if the deal goes through. The remaining 34 percent of NCBA shares would continue to be traded …

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