CIC Insurance Group recorded a 70.3 percent rise in profit after tax to Sh1.09 billion for the six months to June, driven largely by stronger investment income and continued expansion of its insurance operations. Profit before tax increased by 30.2 percent to Sh1.56 billion, while insurance revenue climbed 17.8 percent …
Read More »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 …
Read More »Consolidated Bank records Sh174.83 million net profit in H1
State-owned Consolidated Bank of Kenya recorded a significant rise in profit after tax, reaching Sh174.83 million in the six months to June 30, 2026, up 1,349.5 percent from the previous period. The strong performance was driven by growth in both net interest and non-interest income. Net interest income increased by …
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The Lower Eastern Times Opening The Third Eye