NCBA Group has reported a net profit of Sh6 billion for the first quarter of 2026, representing a 9 percent increase compared to Sh5.5 billion recorded in the same period last year. The lender said the improved performance was driven by higher operating income, growth in customer deposits, and expansion …
Read More »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 …
Read More »NCBA Posts Sh5.5 Billion Net Profit in Q1
NCBA Group’s net profit rose by 3 percent to Sh5.5 billion in the first quarter of 2025, up from Sh5.3 billion during the same period in 2024. Click here to join our WhatsApp Channel The growth was largely fueled by the strong performance of NCBA Bank Kenya, which accounted for …
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The Lower Eastern Times Opening The Third Eye